Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Around the World's Markets: Tokyo

Friday 11 December 1998 19:02 EST
Comments

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.

THE BENCHMARK Nikkei 225 dropped 2.72 per cent, or 402.16 points, to finish at 14,405.64 - the lowest close since 19 November - following Thursday's drop on Wall Street. Further selling was triggered by the settlement of monthly stock future contracts.

The US dollar recovered from a dip beneath the 117-yen level as Japanese investors moved in to buy at what they saw as an attractive price. The dollar's fall followed remarks by the Bank of Japan governor, who said its rate was not unreasonable.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in