Asia markets join global stock plunge

Asia markets join global stock plunge
 

Asian markets tumbled on Tuesday as investors dumped stocks following heavy falls in the US in anticipation of higher interest rates.
Japan's Nikkei 225 index ended the morning session down 5.3% and Hong Kong's Hang Seng dropped 4.7%.
It comes after the Dow Jones Industrial Average suffered its worst drop in more than six years on Monday.
A strengthening global economy and healthy corporate earnings had spurred world markets to record highs.
But the sell-off began last week after a solid US jobs report fuelled expectations that the Federal Reserve will raise interest rates faster than... read more

 
6 February 2018 in World News, Views: 59
Source: BBC
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