Asia Hammered Friday, Nikkei Falls 10%

Japanese traders. Photo: BBC

Japan’s Nikkei 225-stock index posted its worst week in its 50-year history and its biggest one-day fall since 1987, plunging more than 11.4% to 8,115 before recovering slightly to 8,276 by closing, down 9.6%.  (Bloomberg) Hong Kong’s Seng Index fell 6.9%, and the Hang Seng tumbled 8.3%.  Korea’s Kospi was down 8.1%, Thailand’s SET fell 8.1%, Singapore’s Straits Times Index dropped 7.2%, and Australia’s S&P/ASX 200 lost 7.1%.  (WSJ)