Tokyo — Asian share markets slumped on Tuesday as heightened concerns about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.3% in mid-morning trade while Japan's Nikkei tumbled 1.2% by the midday break. Chinese shares opened in negative territory with the blue-chip index down 0.3% and Hong Kong's Hang Seng index flat, while Australian shares fell 0.8%. MSCI's broadest gauge of the world's stock markets, ACWI, was down 0.05% on Tuesday, after having hit its weakest level since May 2017 the previous day. It has declined 16% top hit on January 29. US stock futures rose 0.4% in Asia following the previous session's sharp sell-off. On Monday, the S&P 500 lost 2.08% to hit its lowest since October 2017 as it breached lows reached during a sell-off in February, having wiped out about $3.4-trillion of market value since late September. The Nasdaq Composite dropped 2.27%, w...

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