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Most Asian markets sink after US lender's collapse

Published by Naij on Mon, 13 Mar 2023


Most Asian markets fell Monday as the closure of two regional US banks sparked fears of contagion in the financial sector, even as officials promised to support customers. US bank shares plunged Friday, and Asian lenders extended their own losses, with HSBC, National Australia Bank and Mitsubishi UFJ Financial Group all well down on Monday.
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