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US debt debate fuels Asia market worries

30 September 2013 Last updated at 09:48 BST

Asian markets are once again on edge because of debt problems in the US.

Lawmakers need to agree by Tuesday to raise the government borrowing limit. If they don't, the US faces a government shutdown and the risk of defaulting on its debts.

The same issue sparked global market volatility earlier this year.

Alan Mudie, chief investment officer of Union Bancaire Privee, analyses if we are set to experience a repeat.

Visit the BBC World News Asia Business Report website for more reports from the programme.

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