Financial Times FT.com

Bailout plan fails to excite Asian markets

By Andrew Wood in Hong Kong and Neil Dennis in London

Published: September 29 2008 04:06 | Last updated: September 29 2008 10:26

Equity markets across the Asia-Pacific region slid on Monday as the global financial crisis deepened.

Reports that several European banks had either been nationalised or had to be rescued by peers overshadowed any comfort gained from the US government-sponsored rescue plan for the financial industry.

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