Posted AT 9:50 PM EST on 09/10/08
Japan dives, eyeing biggest fall since '87 crash
TOKYO — The Nikkei average tumbled more than 11 per cent on Friday, leaving it facing its biggest one-day drop since the 1987 stock market crash on fears the financial crisis will lead to a global recession.
While the index later recovered a little, the early stock sell-off led the Osaka Stock Exchange to trigger a circuit-breaker and briefly halt trade in Nikkei futures.
“No one is buying.
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