Don't miss

Replay


LATEST SHOWS

THE DEBATE

Iraq's broken politics: Green Zone stormed by Moqtada Al-Sadr supporters (part 1)

Read more

THE DEBATE

Iraq's broken politics: corruption and gridlock (part 2)

Read more

ENCORE!

Music show: Cyndi Lauper, Keith Urban and Drake

Read more

FOCUS

Lebanon pays price for conflict between Saudi Arabia and Hezbollah

Read more

DOWN TO EARTH

Fast fashion: Wearing the world out

Read more

THE INTERVIEW

'South Sudan has a crisis of leadership'

Read more

IN THE PAPERS

Druids protest alcohol ban

Read more

BUSINESS DAILY

Puerto Rico set for biggest default yet

Read more

EYE ON AFRICA

South African court rules Jacob Zuma should face corruption charges

Read more

Asian markets tanking, following dismal day at Wall St

Latest update : 2008-10-08

Shortly after the Dow Jones Industrial Average sank 5.11% at closing, S. Korean shares opened 3.1% lower, and Japanese Nikkei index dropped below 10,000, and Hong Kong opened with a 5.1% drop.

Japanese stocks fell 3.45 percent within 30 minutes after the opening bell on Wednesday after another big fall on Wall Street overnight.
   
The Tokyo Stock Exchange's benchmark Nikkei-225 index dropped 350.15 points or 3.45 percent to 9,805.75, below the key 10,000 level.  
   
The broader Topix index of all first section shares fell 29.27 points, or 2.99 percent, to 948.34.
   
The massive sell-off came after The Dow Jones Industrial Average sank 508.39 points (5.11) percent to a five-year closing low of 9,447.11 following a 369-point slide Monday.
  

Date created : 2008-10-08

COMMENT(S)