Asian markets fall as road to recovery seems to lengthen

05/14/2009 |

Asian shares dropped Thursday after retail sales in the U.S. fell unexpectedly in April, indicating the economic recovery might take longer than expected. The MSCI index of Asia-Pacific stocks excluding Japan declined more than 3%, Japan's Nikkei 225 lost 2.6% and Hong Kong's Hang Seng Index fell 3.2%.

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