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16.10.2008 - Asian markets plunge amid recession fears

Asian stock markets have plummeted in early trading following the trends in the US and Europe.

The Czech Republic news are represented by www.czechrepublic-prague.com

Tokyo's Nikkei index lost more than ten percent in early trading on Thursday. Markets in Hong Kong, Taiwan, Australia and New Zealand were also down. On Wednesday, European Dow slides below 9,000 ...
European stock markets post early losses ...
ECB to inject 70 billion into money markets ...
Superb All Blacks win Tri-Nations ...
Gold in triathlon for Germany's Frodeno ...
stock markets fell sharply, ending a two-day rally. Frankfurt's DAX 30, London's FTSE 100 and the Paris CAC 40 closed between six and seven percent down. In New York, the Dow Jones index shed eight percent at closing, the second-biggest drop in its history. The plunge was stoked by a US government report showing that retail sales dropped in September by 1.2 percent. The data raised fears of recession in the world's largest economy.

(Deutsche Welle)


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