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Asian Stocks Drift Lower

Japan's Nikkei goes negative for the year.

Asian stocks trended lower overnight but without the dramatics of earlier this week.

Japan's Nikkei 225 Index was off nearly 233 points, or 1.3%, to 17,221 -- below closing lows set three weeks ago and putting the index in negative territory for the year.

In early trading, China's Shanghai Composite Index fell 0.5% to 2784, while Taiwan's Taiex was essentially flat at 7672.

Indices in Jakarta and Kuala Lumpur also were modestly lower.

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