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MEDIAWATCH

Rogues a-plenty at UN General Assembly

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THE INTERVIEW

'The door is open for dialogue with Madrid,' says Carles Puigdemont

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THE DEBATE

Iran's rebuttal: Tehran answers Trump and Netanyahu

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MIDDLE EAST MATTERS

Kurdish independence referendum: What impact on the region?

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THE INTERVIEW

Iraqi Kurdistan FM: 'We are determined to go ahead' with independence vote

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FOCUS

Are universities in Pakistan becoming a breeding ground for terrorism?

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ENCORE!

Film show: 'It', 'Loveless', 'Nothing to Hide' and 'The Party'

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THE INTERVIEW

Save the Children CEO on Rohingya crisis: 'Children are being shot at'

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BUSINESS DAILY

British PM expected to make offer to Brussels in upcoming speech

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Nikkei closes at 26-year low

Text by AFP

Latest update : 2008-10-27

Tokyo's Nikkei index closed at 6.36% by the end of trading on Monday, standing at 7165.90 points, the lowest level in 26 years. Japanese Prime Minister Taro Aso announced measures earlier in the day to rescue the stock market.

  
Japan's Nikkei stock index plunged 6.36 percent by the close on Monday, hitting the lowest level since 1982 before the economic bubble, as fears grew of a global recession.
   
The Nikkei fell 486.18 points to 7,162.90, the weakest since October 1982.
   
The fresh losses came despite a pledge by the Group of Seven major economies to cooperate to bring stability to the ailing financial system.
  

Date created : 2008-10-27

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