Share markets around the world are taking a beating. Japanese shares plunged almost 450 points in morning trade Friday following a sharp fall on Wall Street overnight, sparked by fears about a spreading credit crunch.
In Kuala Lumpur the benchmark Kuala Lumpur Composite Index (KLCI) eased 22.34 points at 1,291.05.
Hong Kong's blue chip Hang Seng Index was down 3.0 percent midday at 21771.94.
Singapore's Straits Times Index was down 3.4 percent at 3298.88.
The Phillipine benchmark index was also off 3 percent, and the standard market measure in Australia was down 2.8 percent.
Source..The Star
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