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Japanese marketsReuters
•76% Informative
The Nikkei share average shed a staggering 12.4% as Friday 's dismal jobs data heightened worries of a possible recession.
This was the index's worst showing in percentage terms since the 1987 Black Monday sell-offs.
The banking sector slumped 17% to become the worst sector among the Tokyo Stock Exchange's 33 industry sub-indexes.
Japanese Finance Minister Shunichi Suzuki said the government was monitoring markets with "grave concern".
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