ASIA: Markets looking irrational
Updated
Asia's share markets have continued to take a battering as they worried about tighter credit globally - the much feared credit crunch. The sell-off was most pronounced in Tokyo and Hong Kong as panicking investors continued to sell out of shares and headed for safer havens like bonds. Will the rush for the exits cause a self-fulfilling disaster or will stability return before serious damage like a global economic slowdown strikes?
Presenter: Karon Snowdon
Speakers: Macquarie Bank's Senior Economist, Brian Redican; Australia's Central Bank Governor Glen Stevens, Shinichi Ichikawa, Director of Equity Research with Credit Suisse Securities
