Global shares drop sharply

The fall follows a sharp selloff on US and European markets amid fears of another world economic downturn.



    Stock markets in Japan, South Korea and Australia fell sharply in early trading on Friday after Wall Street had suffered its biggest one day loss since the Global Financial crisis.

    The benchmark Dow Jones Industrial Average fell more than 4 per cent on fears America may be falling back in to recession.

    Al Jazeera's Scott Heidler reports from New York.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    'We scoured for days without sleeping, just clothes on our backs'

    'We scoured for days without sleeping, just clothes on our backs'

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    The peace games: Dreaming big for South Sudan's youth

    The peace games: Dreaming big for South Sudan's youth

    A relatively new independence and fresh waves of conflict inspire a South Sudanese refugee to build antiwar video games.