Markets Are Diving In Asia, Japanese Exporters Are Tanking

china diving divers beijing olympicsDivers at the Beijing Olympics

Photo: AP Images

Asian markets are selling off sharply early in the trading session.  Big Japanese exporters are leading the way down.  Sony, Mazda, and Toyota are among stocks down by more than 2 per cent.Japan’s Nikkei is down 0.9%.

Korea’s Kospi is down 1.2%.

Australia’s S&P/ASX is down 1.1%.

This follows the biggest one-day sell-off of the year in the U.S. trading session.

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