Dubai crisis jolts markets, but early fears ease (AP)

Courtesy Ytop stories  Fri, 11/27/2009 - 1:29pm

A man walks a securities firm in Hong Kong Friday, Nov. 27, 2009.<br /><br />Asian stock markets tumbled Friday as fears mounted over the fallout from Dubai's massive debt problems and the dollar continued its slide against the Japanese yen.<br /><br />Hong Kong's main index retreated 1,075.91 points or 4.8 percent to 21,134.50. (AP Photo/Vincent Yu)AP - Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and stall the global economic recovery.




 

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