• Most Popular
  • Most Shared

Japan's TOPIX extends fall on yen, now down 3 pct

Wed Mar 12, 2008 11:38pm EDT

Stocks

   

TOKYO, March 13 (Reuters) - Japan's broad TOPIX index extended its fall on Thursday, falling 3 percent as the yen hit a 12-year high against the dollar.

Honda Motor Corp (7267.T) and other exporters led the fall as worries grew about the strong yen's impact on Japan's export-oriented economy.

At 0333 GMT the Nikkei .N225 was down 2.7 percent at 12,510.45. The TOPIX was down 3 percent at 1,218.13. (Reporting by Elaine Lies)



More from Reuters

EU's Rehn calls for concrete Greek aid plan

BRUSSELS (Reuters) - The European Union's monetary affairs chief urged the bloc's leaders on Friday to agree on a standby aid package for Greece next week after Athens said it could seek IMF help if it gets no firm promise of European aid.

» More Top News
President Barack Obama speaks about healthcare reform, as medical professionals look on, in the East Room of the White House in Washington March 3, 2010. REUTERS/Kevin Lamarque
Healthcare Reform:

The final push ...

President Obama is making a last-ditch push for healthcare reform, with the success of his presidency riding on the outcome.  Full Article | Video 

Healthcare Reform
A campsite at a homeless tent city in Sacramento California March 15, 2009. REUTERS/ Max Whittaker
John Kemp:

Be careful what you wish for

The yuan debate is exposing dangerous illiteracy among policymakers: Despite the jobs boost for Americans, it would also cut our living standards. How?  Commentary 

Currencies