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Asia

Asian Stocks Drop Heavily After Lehman Collapse

Asian stocks suffered heavy losses on Tuesday in reaction to market turmoil in the United States. Japanese share prices dropped nearly five percent to close at a three-year low, while markets in Hong Kong and South Korea recorded similar losses. The losses were triggered by the collapse of America's fourth-largest investment bank, Lehman Brothers on Monday.

Japan's benchmark Nikkei stock index dropped by around five percent in Tuesday trading

Japan's benchmark Nikkei stock index dropped by around five percent in Tuesday trading

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  • Date 16.09.2008
  • Author 16/09/08
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  • Permalink http://p.dw.com/p/LsBM
  • Date 16.09.2008
  • Author 16/09/08
  • Print Print this page
  • Permalink http://p.dw.com/p/LsBM