New Overnight Developments Abroad: Global Financial Market Turmoil Continues Over Dubai

November 27, 2009

Stocks fell 4.8% in South Korea and Hong Kong, 3.2% in Japan and Taiwan, 3.0% in China, 2.9% in Australia, and 1.8% in South Africa.  The Ftse and Cac40 are 0.4% lower, and the Dax has lost another 0.4%.  Stock futures point to a sharp catch-up decline in U.S. equities, which did not trade yesterday.  [...]

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