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1. Equities, dollar and oil gain as gold slips Reuters
2. GLOBAL MARKETS-Asian shares slump on global growth concerns, U.S. selloff Reu
ters
3. Asian shares ride global rally, Japanese stocks soar Reuters
4. Shanghai shares open up 0.8%; rest of Asia shrugs off Fed CNBC
5. U.S. stocks slide, despite Asian gains; Apple weighs Reuters
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TOKYO (Reuters) - Asian shares got off to a cautious start on Thursday after mor
e dour economic news in China and the United States prompted a bruising selloff
the previous day.
Worries that an eventual tightening in U.S. monetary policy and slower growth in
China could knock the global economy have scared off investors, particularly th
ose invested in stocks and commodities.
MSCI's broadest index of Asia-Pacific shares outside Japan was up a touch in ear
ly trade after having posted their biggest single-day fall in almost a month the
previous day.
Japan's Nikkei average, opening for the first time since Friday after national h
olidays, tumbled 1.6 percent, edging near its seven-month low touched earlier th
is year.
Wall Street also lost ground on Wednesday, dragged down by economic reports port
raying U.S. factory growth as tepid and China in its worst manufacturing contrac
tion since the global financial crisis.
"Investors will be cautious for the time being. Markets will become steadier onl
y when uncertainties over Chinese economy and the U.S. monetary policy diminish,
" said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management.
Adding to the gloom, emissions scandal at German automaker Volkswagen (VOWG_p.DE
) are raising worries the crisis at the car maker could develop into the biggest
When homeowners visit FetchARate they may be surprised to find out that they may
qualify for a new home refinance plan that will lower their mortgage to astonis
hingly low rates.
Millions of smart homeowners have taken advantage of this brilliant government p
rogram called the Home Affordable Refinance Plan (HARP) and have reduced their m
onthly payments by as much as $4,264 each year.* This program, designed to help
just about any homeowner take advantage of surprisingly low rates, has banks on
the edge - we wouldn't be surprised if most banks hope you never learn about thi
s program.
The government has announced that this program will expire in 2015 and is making
a final push urging homeowners to take advantage of this program. Most homeowne
rs will qualify for this program and the process is very simply. If you want to
lower you mortgage payments, pay off your mortgage faster or get some extra need
ed cash out, it's vital you act now.