HONG KONG – Most Asian stock markets sank Thursday, with Japan's benchmark down over 1 percent, as more grim corporate news undermined optimism that China's stimulus measures will help its economy weather the global slowdown .
An early rally was snuffed out in the afternoon by the drumbeat of ugly results from major companies. China's Lenovo Group , the world's fourth-largest computer manufacturer, announced its first quarterly loss in nearly three years and said its chief executive, William J. Amelio, had resigned.
Full Story: Asian stock markets fall amid grim company news (AP)
An early rally was snuffed out in the afternoon by the drumbeat of ugly results from major companies. China's Lenovo Group , the world's fourth-largest computer manufacturer, announced its first quarterly loss in nearly three years and said its chief executive, William J. Amelio, had resigned.
Full Story: Asian stock markets fall amid grim company news (AP)
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