Saturday, November 29, 2014   

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:
US shoppers go in for the kill on 'Black Friday' (11-28 17:07)
European stocks open mixed (11-28 16:46)
EU gives time to rule-breaking France, Italy on budget (11-28 16:44)
Hang Seng ends flat (11-28 16:42)
Hang Seng dips in morning session (11-28 12:10)
Nikkei up by break (11-28 12:09)
Lackluster Japan data paints gloomy picture for Abenomics (11-28 11:40)
OPEC move to keep oil output target sparks price slump (11-28 11:33)
German labor market unfazed by economic weakness (11-27 18:52)
China Internet giants in tit-for-tat battle for users (11-27 18:28)

More breaking news >>

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