Tokyo - Stock markets throughout Asia and the Pacific fell sharply Wednesday in response to Wall Street's plunge and mounting fears over a worldwide recession.
Japan's benchmark Nikkei 225 Stock Average nosedived to its lowest closing level since June 2003, with losses amounting to the third biggest one-day drop in post-war Japan.
The Nikkei plunged 952.58 points, or 9.38 per cent, to end at 9,203.32.
The broader Topix index of all first-section issues fell 78.6 points, or 8.04 per cent, to 899.01.