All Entries Tagged With: "Japan"
Japan sinks into recession: Stocks tumble 42 percent
Its official Japan is now in recession, according to government figures the Japanese economy contracted in the third quarter by 0.4 percent following the second quarter decline.
Japan the world’s second biggest economy declined months after large companies announced warnings regarding their profits falling and their stocks
Nikkei 225 crashes down in Japan
Japans Nikkei 225 plunged seeing its biggest weekly fall in more than 50 years, as investors fear company failures amid the deepening global credit crunch. The decline prompted a suspension in future trading.
The Nikkei 225 Stock Average fell 9.6 percent or 881.08 to 8,276.43 at close
Nikkei 225 plunges: Loses $250 billion
Japan’s Nikkei 225 Stock Average tumbled to its third largest decline resulting in a sell-off that erased more than $250 billion in equity value.
At the close of trading in Tokyo the Nikkei 225 Stock Average sank 9.4 percent or 952.58 at 9,203.32 this is the largest fall since October 1987. Also the broader Topix index [...]