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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: roguedolphin who wrote (6042)	8/17/2007 2:35:33 AM
From: roguedolphin	Read Replies (1) \| Respond to of 50299

Global stock rout worsens Friday August 17, 1:44 am ET Reuters By Ian Chua finance.yahoo.com *****Rogue comment....WOW!!! What a bloodbath tonight in Asia! HONG KONG (Reuters) - Asian stocks headed for their biggest weekly fall in nearly a decade on Friday as stubborn credit fears drove investors away from risky trades despite a dramatic late rebound on Wall Street. The yen rose, industrial metal prices fell and safe-haven government bonds extended gains as worries that the current market turmoil will hurt global growth further hit investor confidence. "The biggest concern for Asian markets is whether it will spur a U.S. economic slowdown that will therefore hit consumption," said Lim Chang-gue, a fund manager at Samsung Investment Trust Management in South Korea. "If we see tangible signs of this happening, I'm afraid then a worldwide bear market will begin." Rogue