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The Independent UK
The Independent UK
National
Joe McDonald

Asian stocks fall after Wall St sinks on new bank fears

Credit Suisse Wall Street United States Inflation US Federal Reserve
Copyright 2023 The Associated Press. All rights reserved

Asian stock markets tumbled Thursday after Wall Street sank as a plunge in Credit Suisse shares reignited worries about a possible bank crisis following the failure of two U.S. lenders.

Shanghai, Tokyo, Hong Kong and Sydney slid as Asian bank stocks fell, reversing Wednesday's gains. Oil prices rose.

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