Stock plunge in Asia as Wall Street sees worst day since 1987

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo on March 13, 2020. Shares have plunged in Asia, with Japan’s benchmark sinking 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. - AP

HONG KONG (Bloomberg): Stocks tumbled in Asia following the worst Wall Street session since 1987, with investors spooked that emergency fiscal and monetary packages won’t be enough to stave off a recession. Treasuries edged up with the dollar.

Japanese equities plunged 10% at one point and Korean stocks sank more than 8%.