Asian stock markets are trading in deep red after China slashed its benchmark lending rate for the first time in more than one-and-a-half years. Sensex earlier was trading with 1800 points in the red and Nifty had come below the 16500 mark.

Asian stock markets trade in deep red after China slashes its benchmark lending rate

Despite fresh all-time highs on Wall Street, Asian stock markets opened lower today, as worries about China's slowing economic growth and regulatory changes weighed on investor sentiments. WION's Sumit Chaturvedi talks to Margaret Yang Yan, DailyFX strategist for more perspective.

World Business Watch: Fresh all time highs on wall street registered

Some Asian stock markets opened in the red Friday, but losses were relatively muted as traders took a breather after a global rout sparked by fears over higher US interest rates.

Stock losses muted in Asia after global rout

Markets have chalked up a comeback after struggling in recent weeks due to the continuing standoff between the US and North Korea, which has been compounded by Thursday's terror attack in Barcelona