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Latin Times
Latin Times
Business
Agence France-Presse (AFP)

Asian Markets Drop As US Jobs Data Stoke Recession Fears

Asian markets retreated Monday after another batch of worse-than-expected US jobs data revived fears of a possible recession in the world's top economy.

The big miss in the August non-farm payrolls reading was compounded by heavily revised-down figures for the previous two months and ramped-up bets on a Federal Reserve interest rate cut next week.

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