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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters In Asia, suicides rise due to financial crisis Tue Feb 24, 2009 7:13pm EST Email | Print | Share | Reprints | Single Page [-] Text [+] By Tan Ee Lyn and Kim Junghyun HONG KONG/SEOUL (Reuters) - Chan Kiu-hung thought about committing suicide when she discovered that her retirement nest egg had been lost with the collapse of Lehman Brothers. "I was in despair. I lost my appetite and couldn't sleep at all. We lost all our money. It was very painful," said Chan, who came out of retirement to work as a maid, and her husband as a lift attendant, to make ends meet. Suicides generally increase during times of economic troubles, experts say, and Asians may be particularly susceptible as the region has among the world's highest suicide rates. With this in mind, Asian governments are setting up hotlines and counseling centers to help those hit hardest by the financial crisis and the subsequent economic downturn. In South Korea, a commuter train operator is even installing doors blocking access to railway tracks due to a sharp increase in people committing suicide by jumping in front of trains. Millions of people in Asia have lost their jobs and retirees and other small investors have lost their life savings due to plunging stock markets and the collapse of investment funds. Since the full force of the financial crisis hit Asian shores late last year, Paul Yip, a mental health and suicide prevention specialist in Hong Kong, has seen a jump in the number of patients coming to his clinic for help to cope with the downturn. "Work is very important to the Asian because we don't have very good social security and losing one's job is associated with the loss of 'face'. So the trauma can be great," said Yip. At the same time, he added, many Asians are ashamed to seek expert help. "In the West, therapy is very common. Here, you are thought to be crazy if you see a psychiatrist. Asians tend not to be as expressive and depression is very under-diagnosed," Yip said. Among developed nations, South Korea and Japan have the world's highest suicide rates, or 24.8 and 24 per every 100,000 people respectively, followed by Belgium at 21.3 and Finland at 20.35. The United States stands at 11.1. TRAIN TRACK SUICIDES South Korea's suicide rate nearly doubled during the Asian financial crisis 10 years ago with experts blaming it on stress caused by job and income losses. With South Korea about to enter its first recession in a decade and exports suffering their biggest ever drop, the country's health ministry has launched a suicide prevention program. Officials were worried as health ministry figures showed that the number of people contemplating suicide due to financial problems almost doubled in 2008, compared to 2007. Continued... 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