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Asia-Pacific markets slide following selloff in U.S. markets; Nikkei 225 falls 2%
Tuesday, 11 March 2025 07:20 WIB | MARKET UPDATE |Bursa Asia

Asia-Pacific markets are poised to slide on Tuesday, tracking losses in the U.S. following anxiety over tariff policy and a potential recession in the world's largest economy.

Japanese markets led losses in the region, with the benchmark Nikkei 225 falling over 2% shortly after the open, while the broader Topix index fell 1.57%.

The country's revised GDP for the fourth quarter came in at 2.2% on an annualized basis, below economists' expectations and the previous estimate of 2.8% growth.

South Korea's Kospi started the day 1.78% lower, while the small-cap Kosdaq plunged 2.11%.

Australia's S&P/ASX 200 fell around 1.28% in early trade, reversing course from gains in the previous session.

Futures for Hong Kong's Hang Seng index stood at 23,321 pointing to a slightly weaker open compared to its Monday close of 23,783.49.

Source: CNBC

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