Tag: US tax

Tokyo stocks close lower on US tax reform jitters

TOKYO, Japan (AFP) — Tokyo stocks closed lower on Monday, hit by fears of a delay in US corporate tax cuts and selling to lock in profits after recent gains. The benchmark Nikkei 225 index lost 1.32 percent, or 300.43 points, to 22,380.99, closing down for a fourth straight day. The broader Topix index was down 0.94 percent, or 16.95 points, to 1,783.49. US Senate Republicans last week released a tax plan that would put […]