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Japanese Stocks Dive 9.38 Percent in Worst Crash in Two Decades
Japanese share prices plunged 9.38 percent Wednesday, the biggest loss in more than two decades as panic-selling erupted over the global financial crisis.
The Tokyo Stock Exchange's benchmark Nikkei-225 index dived 952.58 points to end at 9,203.32. At one point the index was down 9.81 percent.
It was the worst day for Asia's largest bourse since a 14.9 percent plunge on October 20, 1987 in the wake of the "Black Monday" crash in the United States.