Asian stocks collapse, Nikkei tumbles past Black Monday milestone

Japanese stocks nose-dived to mark their biggest single day rout since 1987's Black Monday selloff, driven by last week's plunge in global stock markets, economic concerns and worries investments funded by a cheap yen were being unwound. More information with Hirofumi Kasai, senior strategist, Tokio Marine Asset Management.

Aug 5, 2024 - 07:00
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Asian stocks collapse, Nikkei tumbles past Black Monday milestone
Japanese stocks nose-dived to mark their biggest single day rout since 1987's Black Monday selloff, driven by last week's plunge in global stock markets, economic concerns and worries investments funded by a cheap yen were being unwound. More information with Hirofumi Kasai, senior strategist, Tokio Marine Asset Management.