Economies:Indonesia market suspended amidst sharp falls
As the blood-letting across the world's stock markets continued, Indonesia saw a 10% fall in a matter of hours and has closed pending stabilisation. But it's not the only market with similar percentage drops.
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In Dubai, the market opened 10% down on last night's close. Singapore and Australia, South Korea and Hong Kong are all down between 5% and 10% since opening.
Tokyo is also close to 10% down.
There has been no positive effect to the news that the UK Government is supporting banks by taking preference shares in four large UK banks (see other stories) nor to the announcements that Japan is keeping interest rates static but Hong Kong has cut rates.
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