Around the World's Markets: Tokyo
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.JAPANESE stocks took a tumble yesterday, led by Sony, as investors feared a grim earnings forecast after the market close from Japan's largest exporter. The benchmark Nikkei index fell 304.61 points, or 2.2 per cent, to 13,516.07, its lowest level in nearly two weeks. The broader Topix index was down 14.37 points, or 1.4 per cent, to 1,028.61.
Sony confirmed the market worries later in the day when it reported an almost 20 per cent drop in second quarter earnings and slashed its full- year forecast by 20.9 per cent to 170bn yen ($1.4n bn).
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments