Reuters: Stocks tank, yen surges as U.S. auto bailout fails

[chris]

Stocks tank, yen surges as U.S. auto bailout fails
      

HONG KONG (Reuters) - Asian stocks slumped more than 5 percent on Friday after the collapse of a $14 billion rescue plan for ailing U.S. automakers threatened to further damage the world's biggest economy, sending investors scrambling to the safety of government bonds and the yen, which hit a 13-year high.<div class="feedflare">
You are not allowed to view links. Register or Login You are not allowed to view links. Register or Login You are not allowed to view links. Register or Login
</div><img src="You are not allowed to view links. Register or Login" height="1" width="1"/>
      

You are not allowed to view links. Register or Login