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Stock Markets Plunge Across Asia, With the Nikkei Sinking 13%

Asia Financial LogoAsia Financial22h ago

Stock Markets Plunge Across Asia, With the Nikkei Sinking 13% - Asia Financial

Quick Summary:

The Nikkei in Japan suffers its biggest ever one-day loss, plummeting by a whopping 13%, while Taiwanese and Korean shares both sank by more than 8%.

The post Stock Markets Plunge Across Asia, With the Nikkei Sinking 13% appeared first on Asia Financial.

Two-year yields dropped to 3.807%, having already fallen 50 basis points last week, and could soon slide below 10-year yields, turning the curve positive in a way that has heralded recessions in the past.


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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 07:55:47 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 1117 words

Reading Time: 7 minutes read

Sentences: 49 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 21934707

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Update Frequency: 7 posts per day

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 3 days ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #86

Publisher Details

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The story "Stock Markets Plunge Across Asia, With the Nikkei Sinking 13%" was covered 22 hours ago by Asia Financial, a news publisher based in Hong Kong.

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Asia Financial is a fully independent (privately-owned) news outlet established in 1990 that covers mostly investing and business news.

The outlet is headquartered in Hong Kong and publishes an average of 7 news stories per day.

It's most recent story was published 3 days ago.

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  • URL: https://beamstart.com/news/stock-markets-plunge-across-asia-17228672375532

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