Asian stocks are also feeling the aftershocks of the US financial crisis - Journal (english) 16.09.2008 8 UTC
Simon PuehlerSeptember 16, 2008
Asian stocks are also feeling the aftershocks of the US financial crisis -- a day after a European stocks got hammered. After being closed on Monday for a public holiday, markets in Japan and Hong Kong have closed more than five percent DOWN. Elsewhere in Asia, shares hit a two year low. Investors rushed to sell off risky assets after the upheaval on Wall Street which saw Lehman Brother's file for bankruptcy and Merrill Lynch bought by the Bank of America.