World stocks slump despite central bank aid (AFP)

December 13, 2007

A trader at the Hong Kong Stock Exchange, November 2007. European and Asian stock markets have fallen heavily, even after Wall Street had ended higher as major central banks sought to soothe a global credit squeeze caused by the US home-loan collapse.(AFP/File/Mike Clarke)AFP - European and Asian stock markets fell heavily on Thursday, even after Wall Street had ended higher as major central banks sought to soothe a global credit squeeze caused by the US home-loan collapse.


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