Asian shares slump as Wall Street erases all of 2018 gains
Updated : October 25, 2018 08:42 AM IST
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7 percent. Japan's Nikkei slumped more than 3 percent to hit a six-month trough and Australian shares skidded about 2 percent to a more than one-year low.
The dive in formerly high-flying US tech stocks sent investors scampering to the safety of sovereign bonds, with yields in 10-year Treasuries falling the most since May to 3.11 percent.
The growing international pressure on Saudi Arabia over the death of journalist Jamal Khashoggi also weighed on investor sentiment.
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