Asian markets see further losses
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Share prices in Japan and South Korea fall again, a day after global stocks tumbled amid fears of a recession.
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Renewed concerns about the health of the American economy sent Asian stocks sharply lower in early trading today.
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SHANGHAI, JAN. 22 -- Stocks across Asia took precipitous falls Tuesday for the second day in a row, reflecting fears that a weak U.S. economy could derail growth worldwide.
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Stock markets tumbled across Asia on Wednesday and the dollar hit a 2&frac12;-year low against the yen amid heightened fears that the US is falling into a recession.
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Stock markets fell sharply across most of Asia again today and continued declining in Europe, as investors worried about the drop on Tuesday in American stock indices and a Commerce Department report.
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Asian stocks slipped on Monday after four straight weeks of gains, with expectations of a U.S. interest rate cut later this week offset by renewed concerns about a global credit squeeze.
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Asian stocks and currencies fell on Monday after tsunami waves triggered by the world&#39;s worst earthquake in 40 years killed nearly 15,000 people and wreaked havoc on tourist beaches.
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Asian stock markets show mixed signs of recovery, following a third day of heavy global share losses
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European equities extended losses in morning deals on Friday in the wake of weakness shown by Asian markets, dealers said.
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Asian shares slumped on Wednesday, tracking heavy losses on Wall Street on fears about an intensifying crisis in U.S. mortgage lending.
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Asian share prices were hammered Monday as a global stock market rally fizzled out amid renewed pessimism about the US economic outlook and a plunge in Chinese stocks, dealers said.
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Stock markets across Asia plunged even farther and faster on Tuesday than they had on Monday, as anxious sellers worried that an economic slowdown in the U.S. could drag down growth around the world.
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Heavy losses on Wall Street see turbulent trading in Asia, though Japan's key index claws back losses.
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Markets in Tokyo, Hong Kong and Sydney fell further in the opening hours of trading Tuesday than they had all day on Monday.
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Asian shares are hit amid the growing belief that the US - the region's key export market - is sliding into recession.
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Stocks tumbled across Asia as panicky investors feared a U.S. recession could derail global economic growth, and a sharp drop in U.S. stock index futures pointed to heavy selling in New York later on Tuesday.
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European and Asian stock markets saw further heavy falls on Monday as worries about a US recession continued to erode investor confidence.