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Economy

Sea of red across Asian markets as Trump wins

TOKYO -- Asian stock markets had a very bad day at the office on Wednesday, plummeting across the board as U.S. voters swept Republican candidate Donald Trump to the White House.

The business tycoon was elected the 45th president of the U.S. after winning most of the swing states. Democratic candidate Hillary Clinton phoned in the early hours Eastern Time to concede defeat. A Trump presidency has been considered a global risk by the financial markets, and participants reacted strongly throughout the day -- as state after state was taken by razor-thin margins -- by selling off Asian shares.

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