Asia markets sink as tensions between
Ukraine and Russia climb
New York/ Hong Kong (CNN
Business)Markets across Asia tumbled on Tuesday morning as tensions between
Ukraine and Russia continued to escalate.
Japan's benchmark Nikkei 225 (N225) fell
2% in morning trading. Hong Kong's Hang Seng Index (HSI) dropped 2.2%, while
Korea's Kospi (KOSPI) lost 1.4%. China's Shanghai Composite (SHCOMP) and
Australia's S&P/ASX 200 were both down more than 1%.
The plunge in Asia was preceded by a
similar drop for US stock futures earlier on Monday evening local time.
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