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IPFS News Link • Economy - International

Asia stocks struggle, yen gains on recovery doubt

07-06-2009 • Reuters

Asian stocks edged up slightly on Tuesday but struggled after a slide the previous day, while the yen held gains against higher-yielding currencies as investors doubt the speed of the global economy's recovery. A bleak U.S. jobs report last week has prompted portfolio managers to reassess how quickly economies around the world can return to growth after the deep recession, spurring a pull-b

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Reported By Powell Gammill

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