8 Oct 2008, 1040 hrs IST,ECONOMICTIMES.COM
MUMBAI: Markets opened sharply lower Wednesday in line with other global markets following distressing comments from the US Federal Reserve Chairman Ben Bernanke. He cautioned that downside risks to economic growth have worsened and signaled that policy makers are ready to lower interest rates as the credit freeze poses an escalating danger to the economy. He added that the world financial system is under 'extraordinary stress' and history shows that severe instability can take a heavy toll on the broader economy if left unchecked.
hit the link; good chart on Asia right now