Global News - World Equity Markets Suffered Record US$5.8 Tln Loss in Oct: S&P
Source: Asia Insurance Review | Dec 2008
The meltdown in global markets, amid a squeeze in credit and worries about a worldwide recession, saw the world equity markets registering their worst month in history as investors lost an estimated US$5.79 trillion during October, according to Standard & Poor’s (S&P) Index Services.
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