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Asia stocks fall after US shows 4Q contraction

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BANGKOK (AP) — An unexpected contraction in the U.S. economy at the end of 2012 sent Asian stock markets into retreat Thursday. The U.S. economy shrank in the fourth quarter for the first time since mid-2009, hurt by big cuts in defense spending, falling exports and sluggish growth in company stockpiles, the government reported Wednesday. That put the brakes on a Wall Street rally that had...