Skip to main content
Thursday, November 12, 2026Nov 12
Subscribe
All Sections
Search
More

Asian shares extend losses after Dow drops more than 1,000

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.(AP Photo/Eugene Hoshiko)
A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.(AP Photo/Eugene Hoshiko) A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.(AP Photo/Eugene Hoshiko)

By ELAINE KURTENBACH / AP Business Writer 5 min read

Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.

Japan’s Nikkei 225 index lost 3%, to 22,686.61 after it reopened from a holiday on Monday. Hong Kong’s Hang Seng edged 0.2% lower to 26,777.88 and the Shanghai Composite index sank 1.6% to 2,984.19. In Australia, the S&P ASX/200 shed 1.2% to 6,896.10.

South Korea’s Kospi rebounded from a steep loss on Monday, adding 0.6% to 2,091.80. Shares also rose in Singapore but fell elsewhere in the region.

In Kuala Lumpur, Malaysia’s main benchmark dropped 2.7% amid a political upheaval after Prime Minister Mahathir Mohamad offered his resignation to Malaysia’s king while his political party quit the ruling alliance.

Overnight on Wall Street, traders sought safety in U.S. government bonds, gold and high-dividend stocks like utilities and real estate. The yield on the 10-year Treasury fell to the lowest level in more than three years.