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May 30, 2012

Surging Spain borrowing costs hit Asian shares, euro

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* MSCI Asia ex-Japan down 0.7 pct, Nikkei opens down sharply. * Euro hits 23-month lows vs dollar, 4-1/2 month low vs yen. * Oil extends losses. Asian shares, the euro and oil prices fell on Thursday as surging borrowing costs in troubled Spain heightened fears that more countries in the eu... FF News: Fundamental

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