Japanese stocks tank in early trading, with the Nikkei falling 1.1% in reaction to gains in the...
Japanese stocks tank in early trading, with the Nikkei falling 1.1% in reaction to gains in the yen after the timing of the Bank of Japan's latest easing moves disappointed investors. The Japanese central bank pushed the bulk of additional asset buying into next year, sending the yen higher against the dollar and euro and hitting exporters: Sony (SNE -2.1%), Nikon (NINOY.PK -2.4%), Nissan (NSANY.PK -2% lower), and Mazda (MZDAY.PK -2.3%).
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