Friday, January 18, 2008

Asian markets plummeted Friday

The Nikkei 225 average tumbled 2.7% to 13,412.20, its lowest level since October, 2005, while the broader Topix index dropped 2.1% to 1,302.46. In Australia, the S&P/ASX 200 skidded 2.1% to 5,674.70, extending its declines into a 10th straight session

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