Bloodbath on Asian indices, markets in Red amid Bank of Japan's rate hike and yen appreciation
New Delhi [India], August 5 (ANI): In the Asian stock markets, Japanese indices registered high losses during the early trading session on Monday.
The Japanese markets are down 20 per cent from their recent all-time highs. The Nikkei 225 index declined more than 1600 points or 4.85 per cent to 34,247.56.
The markets of Japan faced pressure after the Bank of Japan announced a well-telegraphed rate hike, which led to an unw