Japan stocks jump 10% after global markets slump

Japanese shares rebounded in Tuesday morning trade after plunging on Monday in a rout that sent shockwaves through global financial markets.

The Nikkei 225 stock index rose by as much as 10% after slumping by over 12% the previous day.

Monday's market rout in Tokyo came after the Bank of Japan's second rate hike in 17 years sent the yen soaring against the dollar making Japanese stocks - and the country's exports - more expensive for foreign investors and buyers. read more