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Tokyo stocks tumble 9% to hit 5-year low

com.cn » 2008 » October » 8th » Tokyo stocks tumble 9% to hit 5-year low

Tokyo stocks took a header Wednesday with the key Nikkei index shedding more than 9 percent to a new low since June 30, 2003 amid panic sell-offs triggered by growing fears over the global financial crisis. The benchmark Nikkei average plummeted 952.58 points, or 9.38 percent, to 9,203.32 from Tuesday. The Topix index lost 78.60 points, or 8.04 percent, to 899.01. &$&$Source:Xinhua&$&$ … Continue Reading »

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