Asian markets plunge on Kim Jong-II's death

PUBLISHED ON: December 19, 2011 | Duration: 24 min, 30 sec

   
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Stocks hold onto small gains shrugging off worries in Asia and Belgium's credit rating downgrade, while Asian markets plunge after news of North Korean leader Kim Jong-II death is announced. Meanwhile, ECB chief warns about cost of Euro break up, saying that there is no trade-off between fiscal austerity, growth and competitiveness.

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