» 11/07/2008, 00.00
Asian markets attempt rebound. Tokyo closes at – 3.6%
Almost all markets rebound after heavy losses. Toyota reduces profit forecast by over two thirds. The Chinese economy feels the crunch.
Asian markets down: the recession eclipses the “Obama phenomenon”
All stock markets are negative, following Wall Streets closure yesterday at -5%. Oil prices drop. Large companies that trade with America and airlines worst hit by recession.
Asian markets rally in wake of Beijing rescue plan
China commits to a 4 billion Yuan project and across the continent markets rally. Only Taipei and Singapore fail to recover.
Asian markets fall tracking US pessimism
After bleak forecasts of US growth, world markets slide: Tokyo closes at -6.89%, a five year low. Japanese exports tumble to their lowest in 7 years.
Asian stock markets continue free fall
All markets have plunged some up to -8%. Mumbai stock exchange closes for an hour due to heavy losses. Chinese banks in difficulty. According to Soros it is the worst financial crises since the Second World War.
Asian markets recover as G20 gets under way
Gains in almost all markets except Mumbay. Expectations ahead of today’s gathering in Washington.
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