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Asian stocks tumble on Bear Stearns news
by mtippett | March 16, 2008 at 11:52 pm | 376 views | 2 comments
by wallyg
On the news of Bear Stearn's fire sale, Asian stocks are taking a nosedive.
Japan's benchmark Nikkei 225 stock index plunged 4.2 percent to 11,727, while Hong Kong' Hang Seng index was down 4.4 percent at 21.263.51 after falling as much as 5 percent. The Korea Composite Stock Price Index in Seoul declined more than 3 percent. Markets in China, Australia, Indonesia, the Philippines and New Zealand also dropped.
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March 16, 2008 at 11:52 pm by mtippett, 376 views, 2 comments
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Comments (2)
at 02:26 on March 17th, 2008
Just wait until NYSE opens up - then we'll be in for a really wild ride.
at 15:34 on March 17th, 2008
mtippett, I like this story. Gold seems to be rising with over $1000 per ounce! Thanks for the info, this story is good stuff.