News24

previous	next

The statue of the late Senator Benigno Aquino is seen as an electronic board flashes figures during the trading day at the Philippine Stock Exchange Thursday, September 18 2008 in Manila's financial district of Makati. Philippine shares tumbled for the third time this week, tracking the fall of the US market overnight as jittery investors expect more companies to fall in the aftershocks of the US financial crisis. (Pat Roque, AP) Another nightmare on Wall St Asian mkts dip as fears deepen

picture 1/23

previous	next

Traders gesture a thumbs down as the electronic board shows a downtrend at the trading floor of the Philippine Stock Exchange in Manila's financial district of Makati. (Pat Roque, AP)

picture 2/23

previous	next

An investor looks at a share prices board in Tokyo Thursday September 18 2008. Japanese share prices fell 374.22 points to close at 11,375.57 points in the morning session at the Tokyo Stock Exchange as a US bailout of insurance AIG failed to erase concerns about the financial system. (Yoshikazu Tsuno, AFP)

picture 3/23

previous	next

A man watches a display showing stock prices in Hong Kong, where the key stock index has plunged more than 7 percent on fears over the global financial crisis at the morning session. The blue-chip Hang Seng Index tanked 1350.1 point, or 7.7 percent, to 16287.09. The last time the benchmark traded at that level was in July 2006. (Vincent Yu, AP)

picture 4/23

previous	next

Investors look at the share index at a private stock market gallery in Kuala Lumpur, Malaysia. Asian stocks tumbled Thursday, tracking declines on Wall Street as investors feared more companies could succumb to the global financial crisis that forced the US to bail out troubled insurer American International Group Inc. (Lai Seng Sin, AP)

picture 7/23

previous	next

An electronic board shows share index at a private stock market gallery in Kuala Lumpur, Malaysia. (Lai Seng Sin, AP)

picture 8/23

previous	next

A Tokyo stock index board shows the Nikkei 225 stock average of 11,375.57, down 374.22 points at the end of the morning session in Tokyo. (AP)

picture 10/23

previous	next

Traders work on the floor of the Brazilian Mercantile and Futures Exchange in Sao Paulo, Wednesday, September 17 2008. Sao Paulo's benchmark Ibovespa plunged 6.5 percent to 46,034 Wednesday as investors bailed emerging market shares from companies in Latin America's largest nation for the third day in a row. Brazil's currency, the real, fell more than 3 percent against the US dollar. (Andre Penner, AP)

picture 11/23

previous	next

A trader reacts on the floor of the Brazilian Mercantile and Futures Exchange, in Sao Paulo. (Andre Penner, AP)

picture 12/23

previous	next

Traders work on the floor of the Brazilian Mercantile and Futures Exchange, in Sao Paulo. (Andre Penner, AP)

picture 13/23

previous	next

A street sign for a branch Lloyds TSB Bank in London, Wednesday, September 17 2008. HBOS and Lloyds TSB are in advanced talks about a merger, the BBC reported Wednesday, as HBOS shares again came under heavy selling pressure in the market, but neither company would comment on what they called "market speculation." (Kirsty Wigglesworth, AP) Lloyds TSB buys out HBOS

picture 14/23

previous	next

The birthplace of the Lehman family, photographed on Wednesday, September 17 2008, in the Lehman's hometown, Rimpar, near Wuerzburg, southern Germany. The three brothers Heinrich, Emmanuel and Mayer Lehman founded the bank Lehman Brothers after their immigration into the United States between 1844 and 1850. Lehman Brothers, which a year ago had a market capitalisation of more than $33 billion, is now unloading its once-prised businesses for what passes as pocket change on Wall Street. (Daniel Roland, AP)

picture 15/23

previous	next

An investor looks at the stock price monitor at a private security company Wednesday September 17 2008 in Shanghai, China. Chinese shares fell Wednesday to a 22-month low, led by financial and dairy stocks after a bank disclosed exposure to Lehman Brothers debt and another recall of tainted milk was announced. The benchmark Shanghai Composite Index tumbled 2.90 percent, or 57.59 points, to close at 1929.05. (AP)

picture 16/23

previous	next

A policy holder reads articles of assurance pasted on the walls of the American International Assurance (AIA) building, as some wait to withdraw their current policies on Wednesday September 17 2008 in Singapore. Singapore's central bank said Tuesday the local unit of embattled insurance giant American International Group Inc. has sufficient assets to meet its liabilities as nervous policyholders lined up outside the company's offices. AIG, the world's largest insurer, has been hit by a wave of downgrades by credit-rating agencies worried that the deteriorating housing market is further undermining the company's battered finances. (Wong Maye-E, AP)

picture 17/23

previous	next

Brazil's stock traders gesture as they negotiate during the afternoon session at the Mercantile & Futures Exchange (BM&F), in Sao Paulo, Brazil, September 17 2008. Global stock markets hit fresh trouble with early gains made on the unprecedented US government bailout of giant insurer AIG turning to dust as investors wondered where the next blow would fall. (Nelson Almeida, AFP)

picture 19/23

previous	next

A Brazilian trader looks upset as he negotiates during the afternoon session at the Mercantile & Futures Exchange (BM&F), in Sao Paulo. (Nelson Almeida, AFP)

picture 20/23

previous	next

The offices of troubled insurer American International Group Inc. are seen September 17 2008 in the lower Manhattan area of New York. The US Federal Reserve pumped 85 billion dollars into AIG to stop the US insurance giant joining the Wall Street scrap heap, but stock markets were on edge on persistent fears over financial groups. The rescue, which gives the US government a 79.9 percent stake in American International Group, pushed Asian and European stock markets higher, but European markets then switched back into weak and volatile mood. (Stan Honda, AFP)

picture 21/23

previous	next

Buildings are reflected in the window of a van outside the offices of troubled insurer American International Group Inc. in the lower Manhattan area of New York. (Stan Honda, AFP)

picture 22/23

previous	next

Traders work on the floor of the New York Stock Exchange September 17 2008 in New York City. The Dow Jones Industrial Average closed down 449 points on Wednesday despite American International Group, Inc. (AIG) 85 billion USD government bailout. (Mario Tama, AFP)

picture 23/23