A man walks past an electronic board showing the stock index in Tokyo, Japan, Feb. 4, 2014. Tokyo stocks tumbled on Tuesday, with the Nikkei index ending 4.18 percent lower, hitting the lowest closing level since last October. The 225-issue Nikkei Stock Average dived 610.66 points, from Monday at 14,008.47, its lowest finish since Oct. 8. (Xinhua/Stringer)
A man walks past an electronic board showing the stock index in Tokyo, Japan, Feb. 4, 2014. Tokyo stocks tumbled on Tuesday, with the Nikkei index ending 4.18 percent lower, hitting the lowest closing level since last October. The 225-issue Nikkei Stock Average dived 610.66 points, from Monday at 14,008.47, its lowest finish since Oct. 8. (Xinhua/Stringer)

TOKYO — Tokyo stocks plunged 3.14 percent on Wednesday, with its benchmark Nikkei stocks index falling more than 600 points to close at a nearly two-month low as the Chinese stock market tumbled drastically.

A man walks past an electronic board showing the stock index in Tokyo, Japan, Feb. 4, 2014. Tokyo stocks tumbled on Tuesday, with the Nikkei index ending 4.18 percent lower, hitting the lowest closing level since last October. The 225-issue Nikkei Stock Average dived 610.66 points, from Monday at 14,008.47, its lowest finish since Oct. 8. (Xinhua/Stringer)
A man walks past an electronic board showing the stock index in Tokyo, Japan, Feb. 4, 2014. Tokyo stocks tumbled on Tuesday, with the Nikkei index ending 4.18 percent lower, hitting the lowest closing level since last October. The 225-issue Nikkei Stock Average dived 610.66 points, from Monday at 14,008.47, its lowest finish since Oct. 8. (Xinhua/Stringer)

The 225-issue Nikkei Stock Average was down 638.95 points, from Tuesday at 19,737.64, a level not seen since May 15.
The turnover was 3,394.68 billion yen (about 27.81 billion U.S. dollars).
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BEIJING — Chinese stocks tumbled sharply on Wednesday as investor confidence shattered, leading to share-dumping to prevent further losses.
The benchmark Shanghai Composite Index sank 5.9 percent to finish at 3,507.19 points.
The Shenzhen Component Index slumped 2.94 percent to close at 11,040.89 points
The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, rose 0.51 percent to end at 2,364.05 points.
Combined turnover of the two bourses expanded to 1.1 trillion yuan (176.4 billion U.S. dollars) from 1.08 trillion yuan the previous trading day.
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HONG KONG — Hong Kong stocks lost 1,458.75 points, or 5.84 percent to close at 23,516.56 points on Wednesday, led by losses on mainland markets and panic selling.
The benchmark Hang Seng Index opened lower, plunging over 4.7 percent at the start of the morning session. The decline widened in the afternoon, with the index once shed about 2,000, or more than 8 percent, touching 22,836.82 points, the lowest of the day. Turnover totaled 235.97 billion HK dollars (about 30.44 billion U. S. dollars).
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SEOUL — Seoul shares ended lower on Wednesday.
The benchmark Korea Composite Stock Price Index (KOSPI) declined 24.08 points, or 1.18 percent, to 2,016.21 at the close. Trading volume stood at 447.42 million shares worth 7.39 trillion won (6.5 billion U.S. dollars).
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HONG KONG — Taiwan’s share prices closed down 2.96 percent on Wednesday with the weighted index down 274.05 points at 8,976.11, according to news reaching here from Taipei.
Turnover totaled 141.79 billion new Taiwan dollars (about 4.57 billion U.S. dollars) during the trading session.
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SYDNEY — The volatile Australian market’s roller-coaster ride continues as global economic conditions trouble investors, causing the local bourse to fall on Wednesday.
The benchmark S&P/ASX200 index fell 2 percent, to 5,469.5 points, while the broader All Ordinaries index dropped 1.93 percent, to 5,456.5 points.
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MANILA — Philippine shares closed 1.06 percent lower on Wednesday.
The benchmark Philippine Stock Exchange index decreased by 79. 22 points to 7363.43. The all-share index went down by 45.56 points, or 1.07 percent, to 4214.14.
Trading volume reached 19.38 billion shares worth 7.98 billion pesos (176.78 million U.S. dollars).
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HO CHI MINH CITY — VN-Index, the stock market index of Ho Chi Minh (HCM) City bourse in southern Vietnam, closed at 623.17 points on Wednesday, down 7.1 points, or 1.13 percent, against the previous trading day’s closing session.
About 191.326 million shares worth 3.466 trillion Vietnamese dong (VND) (159.96 million U.S. dollars) changed hands at the southern HCM City Stock Exchange.
VN30-Index, the new benchmark index for the southern bourse, which tracks the 30 leading stocks by both market capitalization and liquidity, closed at 645.67 points, down 7.6 points, or 1.16 percent.
A total of 95.709 million shares worth 2.030 trillion VND (93. 68 million U.S. dollars) were traded on Wednesday.
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VIENTIANE — The Lao stock market finished on Wednesday up 1.15 percent against the previous trading day.
The Lao Securities Exchange composite index increased by 15.81 points to 1,391.32. A total of 37,683 shares worth about 240 million Lao kip (about 30,000 U.S. dollars) changed hands at the stock market.
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HANOI — Stock market index of Vietnam’s capital Hanoi, HNX- Index, closed at 88.13 points on Wednesday, down 1.31 points, or 1. 46 percent, against the previous trading session.
A total of 68.217 million shares worth 839.562 billion Vietnamese dong (38.87 million U.S. dollars) were traded at the Hanoi Stock Exchange on Wednesday, an increase of 17.18 percent in volume and 9.43 percent in value against the previous trading session.
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SINGAPORE — Singapore stocks finished lower on Wednesday, with the benchmark Straits Times Index (STI) down 55.94 points, or 1.67 percent, to close at 3,284.99.
A total of 1.82 billion shares changed hands with turnover of 1. 61 billion Singapore dollars (1.19 billion U.S. dollars).
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JAKARTA — Indonesian shares closed lower by 34.48 points, or 0. 70 percent, to a level of 4,871.57 on Wednesday.
Some 249,099 transactions were booked, involving 5.90 billion shares worth 5.11 trillion rupiah (about 382.79 million U.S. dollars).
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BANGKOK — The Stock Exchange of Thailand (SET) index Wednesday moved down 13.52 points, or 0.91 percent to close at 1,470.25 points.
Some 7.40 billion shares worth 37.63 billion baht (about 1.11 billion U.S. dollars) changed hands.
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MUMBAI — Indian stocks shed nearly 500 points on Wednesday following Asian weakness triggered by sell off in Chinese market.
The benchmark S&P BSE Sensex closed at 27,687.72, 483.97 points or 1.72 percent down from previous close of 28,171.69.
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DHAKA — Bangladesh’s DSE (Dhaka Stock Exchange) Broad Index closed Wednesday at 4,579.73 points, up 14.48 points or about 0.32 percent from Sunday’s Tuesday.
Total turnover increased to about 4.95 billion taka (about 63. 40 million U.S. dollars) on Wednesday from about 4.23 billion taka (about 54.27 million U.S. dollars) on Tuesday. Enditem

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