Japanese shares soared Tuesday, clawing back some of their record losses from the previous day and underpinning a patchy recovery on global markets.
The benchmark Nikkei 225 index finished 10% higher and the broader Topix closed around 9% up. Elsewhere in Asia, South Korea’s Kospi rebounded by 3.3%, while Taiwan stocks gained 3.4%. However, Hong Kong’s Hang Seng Index, which closed later, was down 0.3%.
Markets around the world plunged during Monday’s session when a combination of fears about a slowing US economy, rising Japanese interest rates and crumbling tech stocks combined
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