Tokyo Stock Market Hits 28 Year Low

Fears of a euro-zone collapse, an economic relapse in the United States and a slowdown in China combined to drive the Tokyo Stock Market to it’s lowest level in 28 years.

The FTSE CNBC Asia 100 Index fell over 111 points, a drop of 2.1 percent. The index measures markets across Asia. The individual Topix index hit a 28 year low as investors rushed to sell after U.S. jobs data disappointed analysts.  Continue reading