Asian markets are down significantly following negative cues from the US markets over the weekend. The US indices dropped on Friday despite the passage of $700 billion bailout package.
The Hang Seng has slumped 457 points to 17,225. The Nikkei has plunged 394 points to 10,544.
The Taiwan Weighted index has crashed 198 points to 5,544. The Straits Times index has dropped 56 points to 2,241, and the Seoul Composite index has shed 59 points at 1,361.
The Shanghai Composite index has slipped 70 points to 2,224.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app