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Top Stories Asia Markets: Asia stocks tumble; Japan hit on BOJ inaction Asia markets plunge, with European concerns bruising sentiment, and with stocks in Tokyo deepening losses after the Bank of Japan fails to announce any new easing measures. Polish, Turkish financials poised for growth Unlike the euro zone, which is mired in a debt crisis that has exacerbated the economic downturn, Poland, Turkey and a small group of other countries outside the currency bloc are thriving. The financial sectors in these countries are one of the reasons. Global Investor: Poland, Turkey offer higher risk, more reward Turkey and Poland are on the fringes of Europe, but investors will be beating a path to their doors in just a few years, some analysts say, so now is the time to get in. Ben Weiss's Eye on Asia: Fender music to Clapton’s ears, but not investors’ Legendary guitar maker Fender is prepping its IPO, but investors who want value in that industry should look to the Far East, writes Ben Weiss. See All Top Stories >> |
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The strongest and weakest of the Euro zone had news on Friday. The Greek economy sank 1.5% in Q2, falling below the forecast for a 1.0% drop. Greece’s GDP was down 0.8% in Q1. Meanwhile, Germany’s GDP rose 2.2% in Q2, the best quarter since 1990. That topped expectations for a gain of 1.4%. It also helped the combined European Union’s Eurostat projections for combined growth of the 16 counties to 1.0%. Despite the solid Euro zone economy, all ... full story >>