Wednesday, June 23, 2010

20100623 1505 Global Market News.

Asia stocks fall, US data fuels recovery fear
SINGAPORE, June 23 (Reuters) - Asian stocks slid on Wednesday as an unexpected fall in U.S. home sales added to worries about the fragility of the global economic recovery and optimism over China's promise to make the yuan more flexible faded further.
"At this stage, I don't think there will be a double dip, but this sluggish growth will last, with little bumps along the way," she said.

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