Issue: 0804 | Tuesday, January 22 , 2008
Property group calls for easing of REIT rules
UK Pension Plans increase HF exposure
HFs long on energy and commodities: SocGen
Sovereign funds, centre of attraction at Davos
Lloyds TSB says UK businesses to endure tough 2008
 Subprime: S&P raises loss assumption
Credit derivatives: DTCC and CLS Bank launch central settlement service
Bernanke supports stimulus plan
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Recession fears weigh on markets

Share prices in Asia and Australasia continued to fall sharply on Tuesday, a day after global stock indexes tumbled amid fears of a global recession.

Japan's benchmark Nikkei index plunged 1.5% in the first minute of trading. South Korean shares dropped by around 5%, with Sydney's market continuing its longest losing streak for 26 years, down 7.1% on the day at the close. In Bombay, India's main index fell 9.75% within minutes, triggering an automatic one-hour halt in trading...(Read more...)


Source :BBC NEWS
 
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