2100 Thursday: The Dow Jones closes down 679 points - 7.33 per cent - at 8,579, the first close below 9,000 since 2003. Democratic leaders urge President Bush to call an emergency G8 summit 2222: President Bush announces he will make an emergency statement to the American people on Friday afternoon 0012: Australian shares plunge five per cent in the first 10 minutes of trade 0112: Japan’s Nikkei index loses more than four per cent in early trade, falling below 9,000 for the first time in five years. South Korean shares are soon 5 per cent down 0143: Reports emerge that Japan’s Yamato Life Insurance is set to declare bankruptcy with debts of $2.73 billion (£1.61 billion) - the country’s first victim of the current crisis 0216: The Nikkei plummets by more than 11 per cent, hitting 8,115. 0231: Yamato Life’s bankruptcy is...
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