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Asian markets tumble on U.S. economic concerns; Nikkei plunges 4% (Nasdaq)

6 October 2008, 3:46 am

(RTTNews) - The stock markets across the Asia-Pacific region tumbled on Monday on fears that the U.S. bailout plan might not stem the financial crisis that has also spread to Europe. Oil prices fell by around $4 on Monday on concerns that a global recession would reduce demand for oil.... read more

(AFX UK Focus) 2008-10-06 10:19 Hong Kong shares close sharply lower on Europe worries, Shanghai slump UPDATE (Interactive Investor)

6 October 2008, 2:50 am

HONG KONG (XFN-ASIA) - Share prices closed lower as European banking sector troubles overshadowed the US Congress' approval of a rescue plan for the nation's ailing financial institutions.... read more

The New York Times Announces The 2009 New York Times Travel Show (Hospitality Net)

6 October 2008, 1:47 am

The New York Times announced today that the sixth annual New York Times Travel Show will be held Feb. 6 – 8 at the Jacob K. Javits Convention Center in New York City. The Travel Show will feature nearly 500 exhibitors representing over 100 countries and will focus on travel destinations, packages ... read more

WIT-Web In Travel to offer ideas to ride out storm ahead (Hospitality Net)

6 October 2008, 1:01 am

SINGAPORE - It is often said that crises separate the men from the boys, the women from the girls. WIT-Web In Travel, being held this month, will offer timely, critical insights into how travel companies can emerge a winner in the challenging times ahead. “Everyone's watching the global economic s... read more

Asian markets drop in reaction to US bank bailout (Times Online)

5 October 2008, 11:06 pm

The passage of the US rescue plan failed to ease fears in Asia over a spreading global financial crisis and markets across the region dropped in early morning trade.... read more

Wall Street fallout in the skies and elsewhere (Bangkok Post - Thailand's English news)

5 October 2008, 2:48 pm

The global travel and tourism industry is bracing for yet another crisis as the fallout from the financial market turmoil makes itself felt.... read more

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