The fragility of a more-than-year-long stock rally in Japan, fueled in part by a weak yen, has been exposed by the sudden strengthening of the currency.
Category: Topix.net
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Markets Around the World Are Rattled by Fears of Slowing U.S. Growth
Stocks in Asia tumbled, led by Japan, where declines triggered “circuit breakers” meant to calm rapid moves. European and U.S. markets were set for declines.
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Japanese Stocks Tumble 6% as Yen Strengthens
A rapidly strengthening yen and a sell-off in stocks in the United States pushed Japan’s markets to a second consecutive day of big losses on Friday.