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Asian shares track Wall St slump triggered by strong US spending data

By Inquirer - 7 months ago
BANGKOK — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. The Shanghai Composite index lost 1.7 percent to 3,007.07 even though the Chinese government reported that the economy grew at a surprisingly fast 5.3 percent annual rate in the first

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