Asia , U.S. investors sell off stocks ; Japan leads Asia rout Thursday with 6.4 % plunge . The California-based global firm predicts a 60 % probability that the world will be hit with another global recession in the next three to five years . HSBC : U.S. dollar strength pushing fear into Asia markets ; volatility to stay . Comment: Japanese yen to fall below 90 ; investors 'should reduce ' Japan equity stake . World Bank revises down 2013 global growth ; PIMCO says 60 % chance of new recession .
Asia , U.S. investors sell off stocks ; Japan leads Asia rout Thursday with 6.4 % plunge . HSBC : U.S. dollar strength pushing fear into Asia markets ; volatility to stay . Comment: Japanese yen to fall below 90 ; investors 'should reduce ' Japan equity stake . World Bank revises down 2013 global growth ; PIMCO says 60 % chance of new recession .