Asia Markets And Europe Open 10/16/2008: Japan Off 11%

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Markets in Asia fell sharply.

The Nikkei fell 11% to 8,658.

The Hang Seng fell 7.6% to 14,786.

The Shanghai Composite moved down by 3.8% to 1,919.

In Europe, the FTSE opened down 2.5% to 3,980. The DAX fell 5.1% to 4,617. The CAC 40 was down 5.2% to 3,207

Data from Reuters.

Douglas A. McIntyre