Asian Markets Tumble

Posted August 8th, 2011 at 4:35 am (UTC-5)
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Asian stock markets tumbled in trading Monday.

Tokyo's Nikkei index fell nearly 2.2 percent to close at 9,098.

Hong Kong's Hang Seng index also dropped nearly 2.2 percent to end at 20,491.

Elsewhere, share prices dropped around three percent in Shanghai, Sydney, Wellington, Taipei and Manila.

The dollar was selling at 77.83 yen in currency trading, down six-tenths of a yen from late Friday.