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Recession specter haunts markets
A passerby uses his mobile phone to take a photograph of a display showing the closing benchmark Hang Seng Index in Hong Kong October 27, 2008. Hong Kong shares plunged 12 percent in their biggest single-day drop since 1997 on Monday, led by blue-chip heavyweight HSBC, as fears of a global recession hit Asian financial markets. [Agencies]
A passerby uses his mobile phone to take a photograph of a display showing the closing benchmark Hang Seng Index in Hong Kong October 27, 2008. Hong Kong shares plunged 12 percent in their biggest single-day drop since 1997 on Monday, led by blue-chip heavyweight HSBC, as fears of a global recession hit Asian financial markets. [Agencies]


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