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Asian stocks to trend lower on S&P downgrade

PUBLISHED ON: January 16, 2012 | Duration: 5 min, 25 sec

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P K Basu, Independent Economist says that Asian Indices are likely to trend lower post Eurozone downgrade with banking and financial stocks taking the brunt of the fall. He also said that China is likely to post its slowest growth in 10 quarters on January 17.
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