Wednesday, 08 October 2008
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A pedestrian walks past an electric stock market board in Tokyo Wednesday, Oct. 8, 2008. The Nikkei index has lost 404.05 points to 9,751.85 at one point in the morning session on Wednesday. The dollar then traded at 101.41-44 yen. The Japanese index on Tuesday closed at the lowest level in almost five years amid deepening uncertainty over the course of the financial cr
Asian stocks plunge on unabated credit market woes
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TOKYO -- Asian stock markets tumbled Wednesday, with Japan's Nikkei index sinking nearly 10 percent, as recent steps by the world's major economies to fortify credit markets failed to stem fears that the spreading financial crisis could spawn a global recession. After a miserable day on Wall Street when the Dow Jones industrials lost more than 500...

photo: AP / /Katsumi Kasahara


 
 
Seven years ago today, the West began a war in Afghanistan which is proving intractable....
After one of the worst days ever for bank shares on the markets yesterday, Alistair Darling at...
 
LA PAZ, Bolivia—The U.S. is set to suspend a trade deal with Bolivia that is worth 20,000 Bolivian jobs and $150 million a year, but President Evo Morales says South America's poorest country shouldn't worry. "We don't have to be afraid of an...
photo: The Council of the European Union

 
NAIROBI, Oct 7: The American author of a best-selling, controversial book blasting White House hopeful Barack Obama on Tuesday faced deportation from Kenya after being detained by security officials, police said. Jerome Corsi, who was scheduled to...
photo: AP

 
(Updates to midmorning) TOKYO, Oct 8 (Reuters) - The Nikkei average slid 4 percent on Wednesday as fears about the global economy spooked investors into dumping stocks, while a firm yen dealt an added blow to exporters. Toyota Motor Corp skidded...
photo: AP / Katsumi Kasahara

 
By Eric Burroughs TOKYO, Oct 8 (Reuters) - The safe-haven yen edged up against the euro and other major currencies on Wednesday as investors feared more global financial and economic damage from the deepening credit crisis. Federal Reserve Chairman...
photo: WN / mervin

 
: On Wall Street, the fear refuses to go away. Stocks plunged on Tuesday afternoon - shedding 200 points in the final hour of trading alone - despite reassurances from the chairman of the Federal Reserve, Ben Bernanke, that the central bank was...
photo: AP / Jin Lee

 
MALE (Reuters) - The Maldives archipelago holds its first multiparty president election on Wednesday, in a vote seen as a referendum on President's Maumoon Abdul Gayoom's 30 year-rule on islands famed for their luxury resorts. Maldivian Democratic...
photo: PIB

 
 
 
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