Asian markets fall sharply
Asian stock markets fell sharply today, with benchmarks in Tokyo and Hong Kong tumbling more than 3 percent, as more evidence of company woes and a weak US job market rekindled worries about the unfolding global slump.
Most Asian stock markets fell Monday, as new figures showed Japan's economy contracted at its quickest pace in 35 years and Group of Seven finance ministers warned the global slump will drag on through most of the year.