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Topic: Asian markets plunge on crisis fears (w/video)

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Asian markets plunge on crisis fears (w/video)

Asian markets have tumbled following the global plunge over concerns about Europe's debt crisis and US economic growth.

Tokyo shares plunged 4.09 per cent in early trade on Friday, following a sharp selloff on US and European markets.

The Nikkei index at the Tokyo Stock Exchange dropped 395.09 points in eight minutes to stand at 9,264.09, before the initial sharp plunge stopped.

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