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Asia stocks trampled, Japan crashes on panic (Reuters via Yahoo! News)
Asian stocks plunged on Friday, with Japan's Nikkei down 24 percent in the week, while the U.S. dollar rose to a 14-month high against a group of major currencies, on panic that global efforts so far have failed to stop financial chaos from spreading.
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Obama warns against fear and panic as stocks tumble (AFP via Yahoo! News)
Democratic White House front-runner Barack Obama warned against "fear or panic" and called for quick action on the Wall Street bailout after world stocks went into free-fall.
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Panic strangles Asia stocks; yen firm (Reuters via Yahoo! News)
Asian stocks plunged on Friday, with Japan's Nikkei down more than 10 percent, while the yen and U.S. Treasury debt prices rose, as panic set in after global efforts so far failed to unlock credit markets.
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Stocks tumble as Dow plunges below 9,000 for first time since 2003 (USA Today)
Stocks fell for a seventh straight session Thursday, with the Dow plunging below 9,000 for the first time in more than five years, as paniced investors worried recent moves by authorities worldwide to thaw frozen credit markets might not be enough to avert a global recession.
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Stocks plunge, pressure on G7 to act on crisis (Reuters via Yahoo! News)
Fearful selling clenched Asian markets on Friday after U.S. stocks plunged, heaping pressure on economic powers to halt a global spiral of financial distress and slowing growth.
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Panic strangles Asia stocks, yen jumps (Reuters via Yahoo! News)
Asian stocks plunged on Friday, with Japan's Nikkei down more than 10 percent, while the yen and U.S. Treasuries rose, as panic ripped through markets and investors shrugged off efforts so far to unlock credit markets.
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Fear's a slippery slope for stocks (USA Today)
The financial crisis is showing no signs of ending and could even be accelerating as unrelenting fears of a worldwide credit freeze have stocks in the grasp of one of the worst downdrafts in decades.
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Stocks Fall Sharply in Early Trading in Asia (New York Times)
Asia stocks dropped sharply on Friday, with Japan?s Nikkei index plunging 11 percent, while the yen and gold rose.
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Asia, Pacific stocks drop (CNN Money)
Asia and Pacific stocks opened sharply lower Friday as investor fears about the global financial crisis deepened.
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Stocks plummet; U.S., Netherlands ready bank funds (Reuters via Yahoo! News)
Fear-driven selling sent U.S. stocks plummeting to five-year lows on Thursday, the eve of a G7 meeting of economic powers to try to halt a global spiral of financial distress and slowing growth.
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