Stocks in Asia have been continuing their slide this Wednesday.
On average they were down by around five percent at midday. Japanese stocks dropped by around nine percent, while Indonesia's benchmark index plunged by 10 percent. Officials there reacted by suspending trading. Earlier, US stocks plunged for a second consecutive day. The Dow Jones Industrial Average sank more than 500 points on Tuesday to a five-year closing low of 9,447. US US Fed chief urges bail-out action ...
Two more German banks admit exposure to Lehman failure ...
US Federal Reserve injects $50 billion into money markets ...
Birth rate keeps rising in Czech Republic - stats ...
Share of Czech university graduates slightly grows - OECD ...
Bernanke warning on US inflation ... Federal Reserve chairman Ben Bernanke has hinted that the central bank would cut interest rates as the outlook for economic growth in the United States worsened. The European Central Bank meanwhile announced a schedule for new co-ordinated action it will take with other central banks to expand the provision of US dollars to cash-strapped commercial banks.
(Deutsche Welle)
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