Asian stocks crashing down signaling major global recession lagging behind US recession
Neal Henderson
Apr. 14, 2008

As US economy tends to recover itself from the slump, the Asian stock markets are signaling a massive down turn. The steel makers dragged down shares in Shanghai and Seoul. Tokyo and Hong Kong listed stocks are hit by banks such as Mitsubishi UFJ Financial Group and HSBC Holdings. KDDI Corp., Japan's second-biggest mobile-phone operator, slumped after reporting full-year profit that missed its target.

The Asian economies are signaling trouble for a long time. KDDI Corp., Japan's second-biggest mobile-phone operator, slumped after reporting full-year profit that missed its target.

The Asian economies can correct sharply.

Asian stocks crashing down signaling major global recession lagging behind US recession
Neal Henderson
As US economy tends to recover itself from the slump, the Asian stock markets are signaling a massive down turn. The steel makers dragged down shares in Shanghai and Seoul.
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