|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

Tokyo Stock Exchange Records Biggest Drop in 15 Months

TOKYO – The Tokyo Stock Exchange recorded on Monday its biggest fall in 15 months, weighed down by large losses on Wall Street last week and the strengthening of the yen against the dollar.

The Nikkei index fell 592.45 points or 2.55 percent to close at 22,682.08 while another major index, the Topix, fell 40.46 points or 2.17 percent to stand at 1,823.74.

The Tokyo Stock Exchange opened for the day with a clear, downward trend, falling more than 2 percent during the morning after ending last week with losses and after the Dow Jones Industrial Average in New York capped its worst week in almost two years.

The Nikkei registered on Monday its steepest decline since November 2016 and closed at its lowest level since Dec. 15 with the attention of investors on Wall Street and concern caused by the rise in the 10-year Treasury yield, which could mean an increase in inflation.

“Concerns grew about the acceleration of US inflation and a slowdown in its economic growth,” Yutaka Miura, senior technical analyst at Mizuho Securities Co., told Japanese news agency Kyodo.

The foreign exchange market has also worsened the mood of investors, amid the strengthening of the yen against the dollar, which stood at 109 yen at the close of trading.

A stronger yen hurts Japanese exporters, making them lose competitiveness and reducing profits when they are repatriated.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved