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Reuters - Japan pledged fresh measures on Monday to try to shield the world's second-biggest economy from the global financial crisis and said the Group of Seven would issue a joint statement on the yen.
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0 Comments AP - In a typical recession, stocks start recovering about six months before the economy does. The crisis we're in right now, however, is anything but typical: Lending is frozen, hedge-fund selling is happening on a massive scale, and economic troubles have spread all over the globe.
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Reuters - Standard & Poor's 500 index futures opened the week on a slightly firmer footing after Wall Street's latest drubbing on Friday, edging about 2 points higher as trading got underway in Asia's Monday morning session.
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Reuters - Investors anxiously awaited Monday's reopening of Asian markets after last week's dramatic worldwide slide in stock prices and currency collapses on increasing fears of a deep global recession.
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