Sunday, May 31, 2015   

Nikkei dives 3pc on profit-taking
(05-27 14:37)

Stocks in Tokyo ended 3.22 percent lower, driven down by profit-taking and a stronger yen after a rollercoaster ride last week that included a 7.3 percent one-day drop.
The benchmark Nikkei 225 index lost 469.80 points to 14,142.65, while the Topix index of all first-section shares gave up 3.35 percent, or 40.01 points, to 1,154.07.--AFP
The Nikkei had been making steady gains until Thursday when the benchmark index plummeted 7.3 percent after disappointing data out of China stoked fears about the world's second-largest economy, a major trade partner with Japan.
That was followed by a turbulent Friday session with the index see-sawing in and out of negative territory for most of the day before ending 0.89 percent higher.
   
Other Business breaking news:
Low fuel costs help lift AirAsia income (05-29 17:58)
Swiss watch exports fall, economy shows negative growth (05-29 17:35)
Hang Seng, Shanghai slump (05-29 16:23)
European markets directionless (05-29 15:39)
Nikkei extends gains to 11 sessions (05-29 15:19)
IMAX set for HK public float (05-29 14:05)
HK, Chinese shares eke out gains (05-29 12:42)
Nikkei extends rally (05-29 11:03)
New Android seeks to make smartphone smarter (05-29 10:19)
Google unveils Android Pay in fresh challenge to Apple (05-29 10:12)

More breaking news >>

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