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Asia Stocks Post First Yearly Loss Since '08 on Debt, China's Tightening
Bloomberg Asian stocks posted their first annual decline in three years as sovereign-debt concerns in Europe and the US further cut into an earnings outlook eroded by China's efforts to fight inflation and Japan's record quake. The MSCI Asia Pacific Index fell … Asian Stocks Edge Higher on Signs US Weathering Europe Crisis Asian Stocks Edge Higher on Signs U.S. Weathering Europe Crisis Markets in Europe, Asia end 2011 down but US up |