(UTV|COLOMBO) – Major Asian markets suffered sharp losses on Friday, following another day of steep falls on Wall Street.
In a volatile week for global investors, Japan’s Nikkei 225 index slid 3.2% during early trading, while China’s Shanghai Composite tumbled 5%.
Earlier, the Dow Jones Industrial Average fell by more than 1,000 points for the second time this week.
Sell-offs around the world have been pinned partly on concerns over higher interest rates.
Courtesy: BBC
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