Thursday, October 18, 2007

Asia falls, panic grips India


Oct. 17 - Asian markets slid on Wednesday after disappointing earnings from big US banks sparked profit worries.

India's share market suffered a panic sell-off after the Government proposed curbs on inflows of foreign funds.

Investors are now looking ahead to key consumer inflation data due in the US later today.

Nina Mehra reporting.

Source: Reuters

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