Asian shares drop on persisting U.S. government shutdown

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Source: Reuters
© Scanpix/RS
Asian stocks declined on Monday as the weekend debt ceiling debate between the U.S. President Barack Obama and congressional lawmakers failed in Washington persisting the government shutdown, however, expectations are that an agreement will be reached avoiding the country's default. The MSCI Asia-Pacific shares outside Japan fell 0.3% and China's CSI300 Index dropped 0.2%.

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Mon, 14 Oct 2013 06:43:03 GMT

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