Mon, 24 Aug 2015 07:57:04 GMT
Massive sell-off in Asian stocks on China woes
Stock markets in Asia posted steep losses on Monday, with equities in China hit the hardest amid rising concerns over the health of the world's second largest economy. The Shanghai Composite Index slumped 8.35%, while the Hang Seng index fell 5%. Elsewhere, the Australian S&P ASX 200 dived 4.09%, in Japan the Nikkei Index lost 4.61%, while South Korea's Kospi