Asian markets plunge on fears crisis is spreading (AP)

Courtesy Ytop stories  Mon, 10/06/2008 - 1:46am

A Japanese businessman looks back a digital stock indicator in Tokyo Monday, Oct. 6, 2008.<br /><br />Japanese stocks sank Monday to their lowest finish in nearly five years on growing worries about a global economic slump despite the passage of a U.S. financial bailout package.<br /><br />The benchmark Nikkei 225 index lost 465.05 points, or 4.25 percent, to close at 10,473.09 — its lowest finish since February 2004.<br /><br />(AP Photo/Koji Sasahara)AP - Asian stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears of a global financial crisis that would depress world economic growth.




 

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