Japanese shares drop in early trading on the back of heavy losses in the U.S. overnight, and...

|By:, SA News Editor

Japanese shares drop in early trading on the back of heavy losses in the U.S. overnight, and renewed concerns over a Greek default. The Nikkei Average is down 1.89% at 8,676 with autos and bank shares leading the way: Nissan (NSANY.PK -2.50%), Honda (HMC -2.9%), Nomura(NMR -4.42%) and Mitsubishi UFJ Financial Group (MTU -2.34%).