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TOKYO, Japan (AFP) — Tokyo stocks dropped more than three percent on Friday after European and US stocks suffered big drops as volatility continued to dog equity markets. The benchmark Nikkei index fell 3.19 percent, or 698.26 points, to 21,192.60 in early trade, while the broader Topix index was down 3.05 percent, or 53.88 points, at 1,711.81. “Investors are discouraged by a higher yen and plunges in European and US stocks,” Yoshihiro Ito, chief strategist […]
TOKYO, Japan (AFP) — Tokyo stocks opened flat Wednesday as investors fled to the sidelines ahead of a rate announcement by the US Federal Reserve, while Toshiba edged up after it settled a dispute with its US partner. The benchmark Nikkei 225 index inched down 0.57 points to 22,865.60, while the broader Topix index was up 0.10 percent, or 1.89 points, at 1,816.97. Wednesday’s Tokyo trade “lacks a clear sense of direction” ahead of the […]
TOKYO, Japan (AFP) — Tokyo stocks opened lower Monday morning following declines on Wall Street, with Toshiba plunging after the embattled Japanese conglomerate announced plans to issue new shares. The benchmark Nikkei 225 index fell 0.45 percent, or 100.80 points, to 22,296.00 in early trade, while the broader Topix was down 0.40 percent, or 6.99 points, at 1,756.77. “Since the Nikkei index has overheated in the short term, its speed adjustment is expected to continue […]
TOKYO, Japan (AFP) — Tokyo stocks lost ground Friday morning as a strong yen weighed on exporters and Wall Street had a mixed performance. The blue-chip Dow Jones Industrial Average hit a tenth consecutive all-time high to break a 30-year record, but the S&P 500 barely rose and the tech-heavy Nasdaq declined. US stocks have been on a record run since President Donald Trump took office last month, with investors cheered in recent days by […]
