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 BANGKOK, Thailand (AP) - Asian markets plunged Thursday after Wall Street's retreat from its biggest rally in five years, with investors worried by the sliding dollar and ongoing troubles in the U.S. economy. European shares also opened lower.
The dollar's drop to a 12-year low against the yen hammered stocks of Japanese exporters such as Toyota and Sony. The Nikkei 225 index tumbled 3.3 percent to 12,433.4, its lowest in 2 1/2 years.
In late Tokyo trading, the dollar fell below 100 yen for the first time since 1995, sinking as low as 99.75 yen.
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