Donald Trump outruns Hillary Clinton in US election; world market reacts negatively in Trump’s triumph

Donald Trump has won the election becoming the 45th US president after beating Democrat Hillary Clinton. The race to White House has finally come to an end with Trump’s victory. The 70-year-old real estate mogul is a wealthy real-estate developer and former reality TV With strong support from white, working-class voters. Mr Trump's victory in Wisconsin put him over the 270 out of 538 Electoral College votes needed to win the White House. He is scheduled to take office as the 45th President on January 20, 2017. However with Trump’s victory, all regional markets closed lower, with money flowing into safe haven stocks, gold and currencies including the yen. Japan's Nikkei 225 dropped by 5.4% while European and US markets are expected to slide when trading resumes on Wednesday. The Hang Seng in Hong Kong finished 2.2% lower and the Shanghai Composite lost 0.6%. Australia's ASX 200 finished down 1.9% while the Kospi in South Korea ended 2.7% lower.