Asian Markets Drop Sharply After Wall Street Plunged Immediately

New York stock market worries the U.S. economy and the debt crisis in Europe the largest decline in two years, the Asia-Pacific stock markets on Friday (August 5) to undertake the general decline in European stock markets.

Tokyo’s Nikkei average fell shortly after opening on Friday, more than 4%; Seoul fell 4.2%. Hong Kong’s Hang Seng index opened nearly 5 percent decline, Shanghai Composite Index opened down 2.4 percent also.

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Asian Markets Drop Sharply After Wall Street Plunged Immediately