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Asian stock markets tumble

Wednesday, 17 September 2008


TOKYO, Sept 16 (AP): The steep decline in US stocks sent Asian stock markets tumbling sharply Tuesday as investors were rattled by concerns over an expanding global financial crisis.
Japan's benchmark Nikkei 225 stock index fell 4.80 per cent to 11,632.99, falling under than 12,000-point level for the first time since mid-March.
South Korea's Kospi shed 6.20 per cent, and Taiwan's benchmark was off 4.60 per cent.