Stock markets continue freefall into abyss despite governments’ massive rescue plans ...United Arab Emirates

Asia-Pacific markets finished significantly lower on Wednesday again, shrugging off the stimulus pledges by world leaders. Investors fear the measures may still not be enough to protect economies though the crisis. Hong Kong’s Hang Seng index closed down over four percent while China’s Shanghai Composite was off almost two percent. Japan’s Nikkei 225 was trading 1.68 percent lower. Australia’s S&P/ASX 200 was the worst performer in the region, dropping by almost seven percent. South Korea’s Kospi ended the day down 4.9 percent. European stock markets have also felt the jitters, with the Stoxx 600 index falling 3.3 percent in early trad

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Stock markets continue freefall into abyss despite governments’ massive rescue plans ...United Arab Emirates

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