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'Blood Hits Streets' as Asian Markets Plunge

Continuing credit woes trigger steepest dive in six years

By Peter Fearon, Newser Staff

Posted Aug 16, 2007 4:42 AM CDT

(Newser) – Asian stock markets continued to slide today, pounded by fears of a global credit squeeze, recording their most precipitous drop in five years, Reuters reports. South Korea's Kospi index skidded 6.9 percent as major corporations and financial institutions took horrific beatings. Australia's Rams Home... Read full story »

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'Blood Hits Streets' as Asian Markets Plunge

Continuing credit woes trigger steepest dive in six years

Asian Slump

stock market • Toyota • Asia • Asian markets • global credit • Kospi index • Samsung • Bank Mizuho

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Sell-off fever spreads to Asia, Europe

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