November 12, 2008 (Wednesday)
- A judge in Taipei, Taiwan, rules that the former President Chen Shui-bian, should be held in jail while prosecutors seek his conviction on charges of money laundering and corruption. (The New York Times)
- India's Chandrayaan-1 lunar exploration mission successfully completes its journey to the Moon, entering its intended operational orbit 100 km (62 mi) above the surface. (CNN-IBN)
- 2008 Russian financial crisis:
- Russia's two main stock exchanges are suspended for one hour after the market opened with a more than 10% decline in response to trends on global markets and falling oil prices. (Interfax via OnNet.pl Biznes)[permanent dead link]
- Trade in Russian shares has been shifting to London traded Global Depositary Receipts during frequent suspensions in Moscow, dictated by rules imposed by the regulator to reduce volatility on Moscow's increasingly illiquid stock market.(Forbes)
- India successfully test fires the first Sagarika submarine-launched ballistic missile from a land-based launcher. (The Times of India)
- North Korea announces that it will close its land border with South Korea on December 1, 2008. (BBC News)