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Reuters: Stocks plummet, yen jumps as auto bailout fails

Started by chris, December 12, 2008, 07:59:17 AM

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chris

Stocks plummet, yen jumps as auto bailout fails
      


HONG KONG (Reuters) - Asian stocks plunged more than 5 percent on Friday after a collapse in the U.S. carmaker bailout jeopardized the industry, sending investors fleeing to the safety of government bonds and the yen, which shot to a 13-year high.<div class="feedflare">
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