Asian Stocks sink as trade tensions escalate; yen firms

Asian Market 1

Asian Markets slumped on Friday, tracking sharp falls in US and European stocks, which took a hit on fears of a potential trade war.

In Tokyo, the Nikkei 225 fell 3.59 percent in the morning after earlier dropping to its lowest levels in around five months. Major exporters were downbeat, with Toyota falling 2.57 percent and Sony losing 3.02 percent.

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