Japan’s Nikkei index falls more than 5% in trading with Australian and some other Asian markets following suitJapan’s Nikkei index plummeted more than 950 points on Tuesday,its biggest loss in one day since May 2013, as the fears over the global economy saw a continuation of the preceding day’s selloff in Europe and the US.
The Nikkei dived 5.1% to 16132.25 in morning trading and extended losses into the afternoon, or while Australia’s S&P/ASX 200 fell 2.6% to 4946.70. Markets were also down in the Philippines,Indonesia, Thailand and New Zealand. The yen meanwhile briefly soared to a 14-month tall against the US dollar.
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Source: theguardian.com