Japanese shares plunge on profit-taking, overseas losses
Business Line -- Dec 04
Japanese stocks fell sharply on Wednesday as investors sold shares to lock in quick profits after recent gains and as market sentiment was hurt by overnight losses on Wall Street and European bourses.
The benchmark Nikkei 225 Stock Average lost 341.72 points, or 2.17 per cent, to end at 15,407.94 after rising 0.6 per cent on Tuesday.
The broader-based Topix index was down 21.55 points, or 1.71 per cent, at 1,240.99.
|
Dec 04
| Japan launches U.S.-style NSC with eyes on China |
|  Japan launched Wednesday a U.S.-style National Security Council to speed up policy decisions on diplomacy and defense to cope with security challenges amid increasing Chinese assertiveness at sea and in airspace. (Global Post  ) |
|
Dec 04
| Housing recovery slow after 1,000 days |
|  A thousand days have passed since the Great East Japan Earthquake struck. However, only 1.2 percent of the planned land development for collective relocation of disaster-affected communities and construction of publicly operated housing have materialized, according to a survey conducted by The Yomiuri Shimbun. (Yomiuri ) |
|
Dec 04
| Japanese woman aboard crashed N.Y. train |
|  A 28-year-old Japanese woman was aboard a commuter train that crashed after derailing in the Bronx borough of New York on Sunday morning, the Japanese consulate-general in the city said Monday. (Jiji Press ) |