Stocks Plunge On Lingering Subprime Concerns; Hang Seng Sheds 4% - Asian Commentary []

Stocks Plunge On Lingering Subprime Concerns; Hang Seng Sheds 4% - Asian Commentary []
Friday, stock markets across the Asia-Pacific region tumbled, as U.S. stocks fell overnight on persisting subprime crisis and negative comments from J.C. Penny and Wells Fargo.

Australia Shares Get Negative Wall Street Push For Open []
Australian stocks will look to rebound in the week's final trading day, despite Wall Street's down-side lead.

Franc Mixed Against Majors Ahead Of Swiss Adjusted Retail Sales Data [CHF]
The Swiss adjusted retail sales data for the month of September, is expected at 3:15 am Eastern Time. Ahead of the release the franc showed mixed trading. The Swiss currency declined against the pound, the greenback and the yen but gained against the euro.

British Pound Slides Against Majors [GBP]
The British currency lost ground against its major counterparts at about 5:00 am ET. As of now, the sterling is worth 2.0401 against the US dollar, 2.2920 versus the franc, 224.90 against the yen and 0.7158 versus the euro.

Market Opens Sharply Lower - Indian Commentary []
Correction: In the previous version of the article, the day was erroneously written as 'Wednesday' instead of 'Friday'. The correction has been incorporated.

Canadian Dollar Gains Against Majors [CAD]
In the early European deals on Friday, the Canadian currency gained ground against some of its major counterparts. As of now, the loonie is trading near 112.23 versus the yen, 1.4340 against the euro and 0.9829 against the US currency.