CNN CNN Newsroom Live January 4, 2016 08:19:00
Basically the region had to pull the emergency brake. china halted trading on two major exchanges. the result of so-called circuit breakers set to suspend trade after losses. the shanghai index fell by nearly 5%. when it resumed to another drop of 2%, the market shut down for the day. paula hancock joins us from a view from seoul, south korea. there's red in the entire region. we're not sure what to make of this. the shanghai composite ended up significantly for the year. what caused this false start, if you can call it that, to 2016? >> reporter: well, errol, it was a bad start of the year fo...
Source: archive.org