Asian stocks dive in early trading

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Asian stocks joined the global sell-off in early trading Thursday, mirroring the renewed panic on Wall Street a day earlier.

Within about 20 minutes of opening, Japan’s Nikkei 225 stock average sank 1.6%, South Korea’s Kospi index fell 2% and New Zealand’s NZX-50 was down 0.7%.

Asian shares saw major gains Tuesday but appear just as concerned about Europe’s debt crisis that rattled U.S. markets hours earlier.