TOKYO (Reuters): Asian shares fell steeply on Friday after more signs emerged of growing instability among Spanish banks and political turmoil in Greece, with the latest sluggish economic data from the United States adding to the list of risks for investors.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.6 percent, after snapping a four-day losing streak on Thursday. The index slid more than 3 percent - its biggest one-day drop in six months - and hit a four-month low on Wednesday.
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