This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-35528237
The article has changed 6 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Tokyo shares follow Europe and US falls | Tokyo shares follow Europe and US falls |
| (35 minutes later) | |
| Tokyo shares fell sharply in early trading on Tuesday, following the trends set in Europe and the US. | Tokyo shares fell sharply in early trading on Tuesday, following the trends set in Europe and the US. |
| The Nikkei 225 was down 652.9 points, or 3.8%, at 16,351.44 in early trading. | The Nikkei 225 was down 652.9 points, or 3.8%, at 16,351.44 in early trading. |
| Earlier, US and European shares were pulled down by big falls among banking and technology stocks. Deutsche Bank led the fallers, dropping 9.5%. | Earlier, US and European shares were pulled down by big falls among banking and technology stocks. Deutsche Bank led the fallers, dropping 9.5%. |
| The Dow Jones dropped 1.1%, the FTSE 100 in London fell 2.7% and the Athens stock exchange dropped to a 25-year low. | The Dow Jones dropped 1.1%, the FTSE 100 in London fell 2.7% and the Athens stock exchange dropped to a 25-year low. |
| In Tokyo, the strengthening yen hit big exporters, with the currency up half a percent against the dollar. Olympus and Hitachi were among the top fallers. | |
| The Nikkei 225 is down more than 20% from its peak levels, reached last June. | |
| Meanwhile, in Australia the ASX index was down 116.3 points, or 2.3%, at 4,905.8. | Meanwhile, in Australia the ASX index was down 116.3 points, or 2.3%, at 4,905.8. |
| There was little trading elsewhere in Asia, with China's mainland markets shut all week for Lunar New Year celebrations. Hong Kong and South Korea are both closed for three days. | |
| Oil prices have been continuing their falls, with Brent crude down another 2.7% at $33.13 a barrel. |