Asian stocks slide after Wall Street slump (AFP)

TOKYO (AFP) – Asian stock markets sank in early trade on Friday after Wall Street tumbled to six-year lows as gloomy US unemployment data reinforced fears the world's largest economy is in a severe slump.

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With Japan in its worst recession in decades, the once booming Chinese economy slowing sharply and the rest of the region suffering from slumping exports to stricken Western economies, investors were in no mood to buy. Tokyo dropped 1.35 percent, Hong Kong slid 2.2 percent, Sydney slipped 1.5 percent and Seoul lost 1.4.

Full Story: Asian stocks slide after Wall Street slump (AFP)