Fri, Jul 10th, 2009
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HONG KONG — Asian stocks continued to sag Friday, sending Tokyo's index to its eighth straight loss, as uncertainty about company earnings weighed on expectations of a faster turnaround in the world economy. European markets opened lower.
The back-and-forth trade in Asia wrapped up a lackluster week that saw the region's major benchmarks pull back amid concerns the recent rally had overestimated the speed and scale of any rebound in global growth. Oil prices fell below $60 a barrel.
Related stories from top sites:
Oil rises above $60 on signs Asia growth reviving
Jul 3rd, 2009 - kansascity.com
Oil prices climbed back above $60 a barrel Tuesday in Asia on signs the region be may emerging from an economic slump. Benchmark crude for August delivery was up 70 cents to $60.
Asian stocks benefit from better mood on banks
Jul 3rd, 2009 - Reuters
TOKYO/SYDNEY (Reuters) - Asian stocks bounced on Tuesday as a rally in U.S. financial shares helped Japan break a long losing streak, while also reversing some of the recent safe-haven rush into the yen and sovereign bonds.
Oil prices settle below $60 a barrel
Jul 3rd, 2009 - Boston.com
NEW YORK - Oil prices stayed below $60 a barrel yesterday with concerns the global economy isn't improving quickly and demand will remain soft. Benchmark crude for August delivery fell 20 cents to settle at $59.
Oil falls below $60, economic, demand worries linger
Jul 3rd, 2009 - Reuters
PERTH (Reuters) - Oil prices fell below $60 a barrel on Monday, extending last week's losses to languish at a seven-week low, as lingering concerns about the pace of a global economic recovery encouraged a further sell-off.
World markets slide on grim US jobs report
Jul 3rd, 2009 - sacbee.com
HONG KONG -- Most Asian markets fell Friday as a weaker-than-expected U.S. jobs report signaled more pain ahead for the world's largest economy. European stocks also weakened in early trade.




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