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Asia Stocks Drop After Greece Votes ‘No’

Just hours after Greeks voted decisively to reject an international bailout Asian stock market players predictably reacted negatively. The region’s benchmark composite index saw its biggest single-day drop in five months. Meanwhile on the Chinese mainland, there was a mixed result after the government moved to halt a three-week stock slide by suspending fresh initial public offerings and backing a plan by brokers to buy shares. In Tokyo the benchmark Nikkei average of 225 shares...

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