Asia stocks slide on darkening corporate outlooks »

Posted By myfairlady 10 months ago in Business & Finance

Asian stocks fell on Monday, with forecasts of corporate earnings slashed as the global economy rapidly deteriorates, steering investors toward the yen and U.S. dollar, which hit a two-month high against the euro.Major European stocks were expected to open as much as 1.2 percent lower, according to financial bookmakers, with the focus on expectations for poor corporate results.

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