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The Nikkei average tumbled 11 percent , leaving it facing its biggest one-day drop since the 1987 st
Friday, October 10, 2008 justsamachar.com
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TOKYO (Reuters) - The Nikkei average tumbled 11 percent on Friday, leaving it facing its biggest one-day drop since the 1987 stock market crash on fears the financial crisis will lead to a global recession.
The early stock sell-off led the Osaka Stock Exchange to trigger a circuit-breaker and briefly halt trade in Nikkei futures.
A bankruptcy filing by unlisted Yamato Life Insurance shocked the
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TOKYO
Nikkei
stock-market
Yamato
United-States
Europe
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