Tuesday, March 4, 2008 7:24 pm | 
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Nikkei falls 4.5% as dollar tests under ¥103
The Nikkei stock average plunged below the key 13,000 line Monday amid the dollar’s sharp dive below ¥103 and speculation that the U.S. is poised to enter a recession.
[THE JAPAN TIMES]
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
