SYDNEY - Asian shares were mostly under water on Friday after a sudden slump on Wall Street spilled over globally, though a surprisingly strong pick up in manufacturing helped Chinese markets hold at seven-month highs.
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BUENOS AIRES - Argentina's bond and stock markets and peso currency dropped on Thursday after Latin America's No. 3 economy defaulted for the second time in 12 years following the collapse of last-ditch talks with holdout creditors. | Video
TOKYO - Bank of Japan Governor Haruhiko Kuroda came out fighting on Friday, giving a spirited defence of the economy's performance after a run of weak data, and reiterated his readiness to expand stimulus if inflation faltered on the path to his 2 percent target rate.
The fewer Americans who have to endure this particular kind of perverse hardship, the better.