SNAPSHOT - Financial Crisis - 0800 GMT

Newswire

NEWS - South Korean President Lee says economy may see negative growth in first half 2009, first economic contraction in decade - Export-reliant Asian economies show more weakness, Japan's industrial output dives - Russia's rouble devalues for eighth time this month - Japan factories slash output at record pace, core inflation falls faster than forecast, second spell of deflation feared - U.S. retailers' holiday sales fall as much as 4 pct MARKETS - U.S. stocks inch higher, ...

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