Asian markets slide amid global crisis

Asian stock markets slipped in early trade today, tracking Wall Street lower as investors cashed in profits following a two-day rally.

Japan’s Nikkei 225 index dropped 113.99 points, or 1.21% to 9,333.58 after surging 14% in the previous session – its biggest single-day gain ever. Hong Kong’s Hang Seng Index lost 405.05, or 2.41%, to 16,427.83.