Asian markets reacted negatively to weak economic data coming out of the US Asian shares fell on Thursday as weak economic data from the US raised concerns about a slowdown in the global economic recovery.
Japan’s benchmark Nikkei 225 index fell 1.7%, while Australian shares slipped 2%.
Wall Street shares registered their biggest fall in 10 months, with the Dow Jones Industrial Average falling 2.2%.
Markets also reacted negatively to the news of a no-confidence motion against Japan’s prime minister Naoto Kan.
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