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McCain linked to private group in Iran-Contra case

AP - 2 hours, 19 minutes ago

WASHINGTON - GOP presidential nominee John McCain has past connections to a private group that supplied aid to guerrillas seeking to overthrow the leftist government of Nicaragua in the Iran-Contra affair.

Pedestrians look at a stock indicator in Tokyo Tuesday, Oct. 7, 2008. Japanese shares fell sharply in early trade Tuesday, briefly sending the country's benchmark index to its lowest level since December 2003. (AP Photo/Koji Sasahara)

Asian markets mixed after Australia's big rate cut

AP - 2 hours, 26 minutes ago

SEOUL, South Korea - Asian stocks were mixed Tuesday as a big interest rate cut in Australia helped spur recoveries in several regional markets, sparking hopes that other central banks will lower rates to help loosen the global credit crunch.

Graphic shows the price of crude oil; 1c x 2 7/8 inches; 46.5 mm x 73 mm

Oil rebounds to $89 after falling to 8-month low

AP - 2 hours, 24 minutes ago

SINGAPORE - Oil prices rebounded to around $90 Tuesday in Asia after plunging to an 8-month low Monday on concerns a significant slowdown in global economic growth will undermine demand for crude.

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