Asian markets plunge after Wall St battering

  HONG KONG, China (AFP) — Asian markets posted big early losses Thursday, after Wall Street suffered one of its worst batterings in two years in the previous session. Downcast earnings reports from retailers had exacerbated worries about consumer resilience and corporate profitability Wednesday, sparking a rough day’s trade. On Thursday morning, Hong Kong was down by more than three percent, while Tokyo was down by about 2.5 percent. Among the biggest losers in Hong […]