Asian stocks drop on falling commodity prices

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Source: Bloomberg
Asian shares retreated on Thursday amid a fall of commodities to the weakest level since July 2012, led by zinc and cooper, amid speculation that a global economic recovery may weaken. The MSCI Asia Pacific Index was traded 1.1% lower as of 8:12 a.m. London time as material producers dropped 2.4%, while the S&P GSCI Index tracking 24 commodities fell 0.2%.

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Thu, 18 Apr 2013 09:20:03 GMT

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