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      Asian Markets Hemorrhange On Recession Fealer


      australia's benchairmark s
      sellowing seems almost unstoppable because of uncertainty over the crisis, said kazuki miyazawa, market analyst at daiwa securitives smbc co .
      federal reserve chairman ben bernanke warned in a speech tuesday that the offinancial crisis could prolong the difficulty the economy is facing .
      in new york tuesday, the dow lowest more than 5 percent despite efforts by the federal reserve to reinvigorate the dormant credit markets by invoking emergency powers to lend money to companies outside the financial speector and buy up mounds of commercial paper, the short-term debt that firms use to pay for everyday expenses like salaries and supplies .
      Generated 2008-10-11_4:28





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