Nikkei falls to new 17 year low

Tokyo stocks have closed sharply lower, with the market's main index extending its 17-year-low amid worries about the global economy.

The benchmark 225-issue Nikkei Stock Average closed down 321.10 points, or 3.05%, to 10,195.69. It was well below the index's finish on September 3 at 10,409.68, on that day its lowest close since August 14, 1984, when it ended at 10,360.92.