Asia stocks dip on credit woes

(01:26) Report

March 14 - Many Asian markets edged lower on Friday with investors still wary of credit market woes despite a report by credit rating agency Standard & Poor's saying an end to subprime writedowns was in sight.

Japan's Nikkei fell to a 2.5-year low with exporters like Honda hurt by continued concerns over the weakening U.S. dollar and the prospect of a U.S. recession.

James Pomfret reports.

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