SEOUL -- South Korean stocks closed 8.8 percent lower on Monday as investors panicked on rising fears of the U.S. economic recession.
The benchmark Korea Composite Stock Price Index (KOSPI) dived 234.64 points, or 8.77 percent, to close at 2,441.55. (South Korea-Stocks-Fear)
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TOKYO -- Tokyo stocks closed sharply lower on Monday, with the benchmark Nikkei stock index sinking more than 12 perc
