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As many peoples eyes will be elsewhere the readers of the blue may not have seen the red flowing in the streets of Mother Russia. Russia’s two main bourses, RTS and MICEX, said on Wednesday they were suspending trade until further notice. How bad? Russian shares suffered their steepest one-day fall in more than a decade on Tuesday, losing up to 20 per cent, as a sharp slide in oil prices and difficult money market conditions triggered a rush to sell. [more inside]
posted by rough ashlar on Sep 17, 2008 - 67 comments

Pakistani Investors Stone Exchange Pakistan investors stormed out of the Karachi Stock Exchange, smashed windows and cursed regulators after the benchmark index fell for a 15th day, the worst losing streak in at least 18 years. [more inside]
posted by rough ashlar on Jul 17, 2008 - 29 comments