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Reuters - Asian stocks fell for a fifth straight day on Tuesday as investors pulled money out of the region in anticipation of a deep global slowdown, while Japanese bank shares tumbled on expectations of sharp market losses.
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0 Comments Reuters - General Motors Corp and Cerberus Capital Management have asked the U.S. government for roughly $10 billion in an unprecedented rescue package to support a merger between GM and Chrysler LLC, two sources with direct knowledge of the talks said on Monday.
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Reuters - The union representing striking machinists at Boeing on Monday said the two sides have reached a tentative deal and the union will hold a vote this week.
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AFP - Japan's Nikkei stock index was down 0.95 percent at the lunch break Tuesday after hitting a 26-year low in early trade on fears of a severe global economic downturn.
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