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Bangkok Post
Bangkok Post
Business

Asian stocks fall amid fears of recession

The Stock Exchange of Thailand slipped on Monday with Asian bourses broadly down, as investors trimmed risks following a drop in US equity futures, while analysts raised concerns about financial sector stress, saying recession fears are growing.

Most Asian markets closed lower in a week packed with economic data and central bank meetings. China's Shenzhen Component led losses, falling 1.16%, while the Shanghai Composite was down 0.78%. Hong Kong's Hang Seng index fell 0.58%, with South Korea's Kospi losing 0.82%.

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