World | Asian markets World Markets Mixed: 'Fasten Your Seatbelts' US turmoil continues to roil world's market; central banks act to insure liquidity By Jim O'Neill Posted Sep 18, 2008 5:34 AM CDT Copied Investors look at the share index at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, Sept. 18, 2008. Asian stocks tumbled Thursday. (AP Photo/Lai Seng Sin) A huge cash injection into global money markets by central banks and the buyout of British lender HBOS by Lloyds-TSB eased some investor worries and pushed European stocks slightly higher today, reports the New York Times. But concerns about the ongoing crisis in the US continued to batter Asian stocks and prompted Russian exchanges to suspend trading until tomorrow. “People are still very, very nervous,” said one expert. While European markets edged up slightly, concerns that a tight global credit market would worsen drove Asian markets down sharply, especially across the banking sector. Investors dumped stocks for safe havens like gold and Treasury bills, fearing banks would simply stop lending altogether. Read These Next 11 people hurt in a "brutal act of violence" in Michigan. A parent's nightmare, in a white cardboard box. We knew Letterman would pipe up about Colbert eventually. The humans survived this flight; the deer on the ground didn't. Get breaking news in your inbox. What you need to know, as soon as we know it. Sign up Report an error