November 2, 2007

Global stocks hit by fresh subprime woes (AFP)

Stock traders go about their business on the floor of the Frankfurt stock exchange, March 2007. Global equities took another battering, with Asia and Europe diving lower after a sharp Wall Street reverse linked to fresh fears over the fallout from the US subprime home loan crisis.(AFP/DDP/File/Thomas Lohnes)AFP – Global equities took another battering Friday, with Asia and Europe diving lower after a sharp Wall Street reverse linked to fresh fears over the fallout from the US subprime home loan crisis.

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