‘It’s terrible out there’ as markets tumble on credit news
Investors hammered Asias financial markets this week, selling out of stocks, bonds and Asian currencies amid growing concerns of a global credit crunch.
Fears of losses on US subprime mortgage investments dragged shares in Japans largest banks down sharply on Wednesday, before a warning from Australian mortgage lender ...Already a subscriber? Login
Further Reading
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Middle East
Saudi lands $3bn export financing agreement with Korea
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Follow-ons/Rights Issues
Alchip Tech nets $196m from bigger GDS sale
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People & Markets
China policy and markets round-up: Xiaomi, Cnooc added to US blacklists, Beijing launches grading system for consumer finance companies, insurance asset managers
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IPOs
Indigo Paints readies Rp12bn listing