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Wednesday, November 21, 2012

Asian shares steady, refocusing on U.S. fiscal cliff

A visitor walks near the logo of the Tokyo Stock Exchange in TokyoTOKYO (Reuters) - Asian shares steadied on Wednesday, after a two days of gains, as investors refocused on the risk of a U.S. fiscal crisis following Federal Reserve Chairman Ben Bernanke's remarks that the budget impasse was already damaging growth. U.S. stocks halted a two-day rally on Tuesday, while European shares edged higher on expectations euro zone finance ministers will approve the next tranche of bailout cash for Greece. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed, with Australian shares easing 0.1 percent and South Korean shares opening up 0. ...



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