• Most Popular
  • Most Shared

Nikkei falls 0.6 pct, banks continue to suffer

Tue Jul 15, 2008 10:09pm EDT

Stocks

   

(Updates to midday)

Stocks  |  Global Markets

TOKYO, July 16 (Reuters) - Japan's Nikkei share average fell 0.6 percent on Wednesday, with bank shares extending the previous day's sharp losses amid deepening worries about the financial sector.

Toyota Motor Corp (7203.T) slid on a report that the automaker would cut its global sales target for this year due to a slowdown in U.S. sales. [ID:nT219037]

A stronger yen added to exporters' woes, with video game maker Nintendo Co Ltd (7974.OS) losing more than 4 percent.

The benchmark Nikkei .N225 ended the morning down 73.39 points at 12,681.17. The broader Topix lost 0.9 percent to 1,241.93.

Stocks
Global Markets


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets