Tuesday, January 22, 2008

Asian markets tumble on US worries

By YURI KAGEYAMA, AP Business Writer
TOKYO - Global stock markets extended their slide for a second day Tuesday, plunging amid fears that a possible U.S. recession will cause a worldwide economic slowdown.
"The end to the slides in Asian stocks is nowhere in sight," he (Noritsugo Hikarawa) said. "There is even speculation that China may be exposed to the U.S. subprime mortgage crisis."

Read full report:


No comments: