11 AUGUST 2011Bloomberg
Asian Stocks Pare Decline as Increased Profits Temper Europe Debt Concern
Edited by : AL CIRCLE
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Asia’s benchmark stock index pared its seventh loss in eight days.
The MSCI Asia Pacific Index dropped 0.5 percent to 122.28 as of 5:25 p.m. in Tokyo. It earlier dropped as much as 2.4 percent as global growth concerns escalated after the cost of protecting the government debt of Greece, Italy, Spain and France rose.
A measure of primary metals traded in London fell for a sixth straight day yesterday, losing 1 percent.
The MSCI Asia Pacific Index dropped 0.5 percent to 122.28 as of 5:25 p.m. in Tokyo. It earlier dropped as much as 2.4 percent as global growth concerns escalated after the cost of protecting the government debt of Greece, Italy, Spain and France rose.
A measure of primary metals traded in London fell for a sixth straight day yesterday, losing 1 percent.
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