http://news.bbc.co.uk/2/hi/business/7656064.stm
Asia continues plunge in shares
Japan's benchmark Nikkei-225 index initially dropped below 10,000 points
Asian stock markets have opened down sharply amid investor panic that global government action might not be enough to stem the financial crisis.
Japan's Nikkei index plunged more than 5% - shattering the psychological 10,000-point barrier for the first time in nearly five years - before rallying.
Share prices in China, Taiwan and South Korea also dropped. The main US index earlier fell 8% before bouncing back.
Say it ain't so, but this is going to be a rough week. A shame Europe couldn't get it's act together, but it seems the EU isn't as united as it conceivably could have been. Looks like the dollar will stand strong as the world's reserve currency.
The question is, will any fed moves on this end have the same punch it used to? Who can say, but at least we are destined to live in interesting times.
Asia continues plunge in shares
Japan's benchmark Nikkei-225 index initially dropped below 10,000 points
Asian stock markets have opened down sharply amid investor panic that global government action might not be enough to stem the financial crisis.
Japan's Nikkei index plunged more than 5% - shattering the psychological 10,000-point barrier for the first time in nearly five years - before rallying.
Share prices in China, Taiwan and South Korea also dropped. The main US index earlier fell 8% before bouncing back.
Say it ain't so, but this is going to be a rough week. A shame Europe couldn't get it's act together, but it seems the EU isn't as united as it conceivably could have been. Looks like the dollar will stand strong as the world's reserve currency.
The question is, will any fed moves on this end have the same punch it used to? Who can say, but at least we are destined to live in interesting times.
Facebook
Twitter