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

Started by riky, December 12, 2008, 09:01:17 AM

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riky

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

 


<p>You are not allowed to view links. Register or LoginReuters - 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.</p><br clear="all"/>


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