Japan Stocks Drop Most in 21 Years as Recession Concerns Mount

Pedestrians walk past an electronic stock board in Tokyo, Oct. 16, 2008. Photographer: Tomohiro Ohsumi/Bloomberg NewsOct. 16 (Bloomberg) — Japanese stocks plunged the most in two decades as a drop in U.S. retail sales pointed to a deepening recession and Prime Minister Taro Aso reinforced concern a bank bailout will fail to stem a rout [...] continue reading world news