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Asian Markets Turn Bearish on Greek Financial Crisis

Concerns about the Greek financial crisis widening to affect the global financial system prompted widespread selling of stocks in Asia on Monday while China's volatile markets were poised to enter a bear market mainly due to domestic issues. The region’s equities markets were the first that were able to react to the surprise announcement by Athens to call for a national referendum, shut banks and impose capital controls after the European Central Bank announced Sunday that Greece’s...

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