New Overnight Developments Abroad: Dubai Default Worries Hammer Markets in Asia and Europe
November 26, 2009
Equities plunged 4.0% in China, 2.8% in Indonesia, 2.0% in India, 1.8% in Hong Kong, 1.4% in Thailand, 4.1% in Vietnam, 1.1% in Singapore, and 0.6% in Japan. The British Ftse, Paris Cac and German Dax arre 1.9%, 1.8% and 1.7% weaker. U.S. markets will be closed for Thanksgiving Day. Amid a resurgence of risk aversion [...]
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