MSM: Home Prices in 20 U.S. Cities Fell by a Record 19% (Update2)

(Bloomberg) – Home prices in 20 U.S. cities fell 19 percent in January from a year earlier, the fastest drop on record, as demand plummeted and foreclosures rose.

MSM: Japanese exports plunge nearly 50%

Japan‘s exports nearly halved last month, the biggest decline on record, as car shipments to the US and Europe plummeted.