Japan stocks rebound sharply after worst rout in history | CNN Business

Hong Kong CNN  — 

Japanese shares soared in early trading on Tuesday, clawing back some of their record losses from the previous day and underpinning a regional rally.

The Nikkei 225 last traded about 11% higher, while South Korea’s Kospi rebounded by 4.2%. Hong Kong’s Hang Seng Index rose 1%. They all suffered major losses during the previous trading session.

On Monday, the Nikkei closed down 12.4% in its largest one-day fall since October 1987. It lost 4,451, its biggest point drop in history. The plunge triggered a global market rout. All major Asian, European and

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