Global stocks take hit
Tuesday, March 18 - 2008 at 06:56
Asian and European stock markets fell sharply on Monday as the dollar continued to slide and fears mounted that there would be more fallout from the buyout of investment firm Bear Stearns. Most European shares were down by at least two per cent, while the main Hong Kong share index plunged over five per cent and the key Indian index BSE Sensex fell by 6 per cent.
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Jeff Florian, Senior ReporterTuesday, March 18 - 2008 at 06:56 UAE local time (GMT+4)
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