Australia Market Report of September 16: Lehman's Collapse Trigger Big Falls

  Sydney, Australia, Sept 16, 2008 - (ABN Newswire) - Wall St closed down over 4% overnight as the US investment bank Lehman Brothers filing for bankruptcy. Yesterday, with rumours surrounding Lehman Brothers yet to be confirmed, the Australian share market finished down over 1.5 per cent. Analysts expect the Australian dollar may fall even further today with negative lead from Lehman Brothers demise and the fire sale of Merrill Lynch.  

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