Learn more

By Chris Dorrell Japanese stocks rebounded on Tuesday after yesterday’s dramatic rout, easing fears that global equity markets are on the cusp of a major meltdown. Having dropped over 12 per cent on Monday, suffering its worst day since 1987, the Topix rebounded over eight per cent on Tuesday. The Nikkei meanwhile jumped 9.1 per cent after falling lost more than 12 per cent yesterday too. Japanese stocks led a broader Asian rally, with South Korea’s Kopsi rising nearly four per cent and the Taiwanese stock market also recovering after the worst day in its history. “it’s a turbocharged turnarou…

cuu