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World shares fall amid ongoing Libya fighting KELVIN CHAN - The Associated Press 06:10:00AM (ET) Thursday,March 10,2011. HONG KONG (AP) ...
 
 
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Old 03-10-2011, 03:10 AM   #1
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Exclamation World shares fall amid ongoing Libya fighting

World shares fall amid ongoing Libya fighting
KELVIN CHAN - The Associated Press

06:10:00AM (ET) Thursday,March 10,2011.

HONG KONG (AP) — World shares fell Thursday, weighed down by ongoing fighting in Libya and a larger than expected contraction in Japan's economy.



Traders are keeping a wary eye on oil prices, which have been driven higher during weeks of anti-government unrest that has shut down most of Libya's 1.6 million barrels per day of crude production.

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* Oil prices back to $105...
Quote:
"Oil prices now are the major concern in the market," said Jackson Wong, a vice president at Tanrich Securities.
The happenings in Libya is taking tolls everywhere. *
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