Asian-Pacific stock markets slid after Spain's cost of borrowing reached its highest level since the country adopted the euro. Hong Kong's Hang Seng Index fell 1.7%, Japan's Nikkei 225 declined 1.2% and South Korea's Kospi dropped 2%. China's Shanghai Composite and Australia's S&P/ASX 200 lost 1.9%. India's Sensex was down 1% at midday.

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