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Markets Are Lower As Stocks In Asia Get Slammed Again

Oct 25, 2013, 13:53 IST

Stocks are lower in Europe and US futures are off a bit.

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But the real story is in Asia, which had a really rough night.

Japan got pasted. Here's the Nikkei.

Nikkei.com

Shanghai lost 1.5%, as well. Korea dropped 0.6%.

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The big story is the spike in short-term Chinese interest rates, as policymakers are seen as trying to cool the economy once again.

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