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Asian Markets Slump On Another Volatile Trading Day

Asian markets swung wildly Thursday but ended lower, continuing their recent slide over concerns about plummeting oil prices and a slowing global economy. Tokyo closed down nearly 2.5 percent, erasing gains made earlier in the day. Shanghai dropped over 3 percent. Hong Kong ended down nearly 2 percent. Experts blame the sell-off on investor pessimism over plunging oil prices, China's economic slowdown, and a gloomy outlook for the overall global economy this year. Crude oil...

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