Asian stocks down amid Greece fears

Most Asian stock markets slumped today amid persistent investor fears that Europe will not be able to come up with a plan to prevent Greece from defaulting on its debts.

Hong Kong’s Hang Seng index plunged 2.3% to 19,003.16, South Korea’s Kospi index fell 1% to 1,822.37, and Australia’s S&P ASX 200 was down 1.7% at 4,078.20.