Skip to: Content
Skip to: Site Navigation
Skip to: Search
THURSDAY, NOVEMBER 26, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


0

World Stocks Crash Again

Nikkei dives to 1982 levels, Hang Seng plummets 12%

Share

(Newser) – Japanese stocks hit a 26-year low as markets in Asia and Europe plunged again amid tenacious fears of a prolonged global recession. The Nikkei fell 6.4% and Hong Kong's Hang Seng index dropped a staggering 12%—its biggest single-day tumble since 1997. In London the FTSE opened down more than 5% this morning, and the pound dropped another 6 cents against the dollar.

Hong Kong's Hang Seng Index tumbled 12.7% to 11,015.84, its lowest close in more than four years.
Hong Kong's Hang Seng Index tumbled 12.7% to 11,015.84, its lowest close in more than four years.   (AP Photo/Vincent Yu)
A photographer takes a picture of a display showing stock prices at a brokerage firm in Hong Kong today. Hong Kong's Hang Seng Index tumbled 12.7 percent to its lowest close in more than four years.
A photographer takes a picture of a display showing stock prices at a brokerage firm in Hong Kong today. Hong Kong's Hang Seng Index tumbled 12.7 percent to its lowest close in more than four years.   (AP Photo/Vincent Yu)
People look grimly at stock prices in Tokyo today. Japan's stock market had a miserable day, with the key stock index plunging more than 6% to its lowest close in more than a quarter century.
People look grimly at stock prices in Tokyo today. Japan's stock market had a miserable day, with the key stock index plunging more than 6% to its lowest close in more than a quarter century.   (AP Photo/Katsumi Kasahara)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.24.09
Murdoch and Microsoft: The Mice Are Trying to Roar
11.23.09
Books Are Bad for You
0 comments
VIEWING:
 
LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

64 Stories

Crisis at Dubai Flagship Roils World Markets

In surprise, government takes over Dubai World; bank stocks pounded

3 hours, 26 minutes ago
(Newser) - A move today by the government of Dubai to take over its flagship company, Dubai World, caused ripples of panic throughout the region, and translated into a selloff in bank stocks in Europe and Asia. The government also aims to delay payments on $60 billion in debt, a request that... More »

MORE ABOUT:
debt • Dubai • United Arab Emirates • Asian markets • European markets • Dubai World • financial crisis • creditor • debt insurance

MARKETS

 Dow Falls 186, 
 Biggest Drop Since July 2 

Worldwide shocks worry investors

Aug 17, 09 3:32 PM CDT
(Newser) - Stocks continued to decline after drops in world markets proved to be contagious at the open, with the Dow falling the most since July 2, the Wall Street Journal reports. The worldwide stock decline had investors scrambling to Treasurys and other safe havens. Home-improvement retailer Lowe's fell 10% after reporting... More »

MORE ABOUT:
home improvement • Dow Jones • Nasdaq • Nikkei • Hang Seng • S&P 500

 US Woes Send 
 Asian Stocks 
 Tumbling 

Nikkei, Hang Seng have their worst day in weeks

Jun 23, 09 5:43 AM CDT
(Newser) - Stocks in Asia tumbled to their worst finish in weeks, reports the Wall Street Journal, as continued fears about the US economy led to a sell-off of resource companies and exporters. The Nikkei in Tokyo and the Hang Seng in Hong Kong both closed down about 3%, echoing a... More »

MORE ABOUT:
financial markets • Nikkei • Hang Seng • Asian markets • Asian stocks

64 Stories


The Nikkei returns to the days of Thriller and legwarmers
Bloomberg

Are we near the bottom, or nowhere near it?
Financial Times (UK)


Business  •  World 
TwitterFollow @NewserBusiness on Twitter

 
recession • crash • Nikkei • Hang Seng • Asian markets • European markets • FTSE

from our news partners