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Asian Stock Markets Slump on Greek Worries

Asian stock markets slumped Monday, mainly due to concerns about the Greek debt crisis. Chinese shares on the Shanghai exchange plunged more than 7 percent, despite efforts by China's central bank Saturday to calm investor fears. The Hang Seng also finished the day down, along with key markets in South Korea and Australia, as well as Japan, where the Nikkei shed nearly 3 percent Monday. Fears of contagion muted After an 8-hour session, Greece's Cabinet decided banks would...

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