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US%2C+Tokyo%2C+and+Malaysia+stocks+tumble%2C+and+oil+prices+rise%2C+after+Malaysia+jetliner+disaster.
Friday, 18 July 2014 - 13:19
US, Tokyo, and Malaysia stocks tumble, and oil prices rise, after Malaysia jetliner disaster.
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US stocks tumbled today, and Tokyo stocks also fell 1.6 per cent in opening trade today, and Malaysia Airlines also tumbled almost 18 per cent today, after the Malaysian airliner crashed in rebel-held eastern Ukraine.

The firm fell 17.8 per cent to 0.185 ringgit at one point in morning trade on the Kuala Lumpur stock exchange, before paring some of those losses to sit 13 per cent lower.

Meanwhile, global oil prices pushed higher today, after the Malaysian jetliner disaster, sparking concerns of an escalation in the crisis in the former Soviet state.
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