Japan’s Nikkei finished 5 per cent lower on Tuesday as the effects of the US govt shutdown and Wall Street turmoil hit Asian markets. Indexes in Shanghai, Bangkok and Taiwan also plunged amidst growing worries among traders following a slide on Wall Street, the BBC reports. The stock market is on track for its worst December since 1931 during the Great Depression, reports the BBC. Several financial markets in Asia, Europe and North America are closed for Christmas on Tuesday. The slide in Asian markets is believed to be a result of the movement in the US and the shares sell-off by concerned investors that it has triggered.

Source: bd News24 December 25, 2018 12:00 UTC