Slumping China Economy, Oil Prices Send Asian Markets Lower

Asian stock prices took another dive Wednesday, thanks to further drop in global oil prices, China's economic slowdown and a pessimistic outlook for the overall global economy this year. Tokyo's Nikkei index officially entered bear market territory after losing nearly four percent by the end of the trading day, while the Hang Seng in Hong Kong dropped 3.5 percent and South Korea's Kospi lost 2.3 percent. China's Shanghai index and Australia's ASX/S&P 200 each...

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