Wednesday, January 18, 2006

Japan's Growing Internet Scandal Shuts Down Asia's Largest Stock Exchange

An AFP newswire article, via Yahoo! News, reports that:

A scandal rocking Japanese Internet pioneer Livedoor erupted, sparking a stampede out of the stock market that forced Asia's largest bourse to close early for the first time ever.

Investors took fright at fresh allegations that Livedoor cooked the books to hide losses -- leading the market to question the very foundations of the boom in Japan's Internet trailblazers.


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