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Asian Shares Fall with Wall Street, Oil Prices Plummet
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Overview
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Asian shares fall with Wall Street, driven by a sharp fall in oil prices to a five-month low. China's bluechips eased 0.5% while Hong Kong's Hang Seng index plunged 1.6% to a new 13-month low. Oil prices rebounded, with Brent crude futures edging up 0.6% to $74.72 a barrel. The U.S. dollar hovered near a two-week high.
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How might the fall in oil prices impact the global economy?
What factors are contributing to the strengthening of the U.S. dollar?
What implications does the decline in the Hang Seng index have for the Asian market?
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