Nikkei falls to a 4-wk low on weak Japan GDP, US fiscal woes
TOKYO, Nov 12 (Reuters) - The Nikkei average slipped to a four-week low in early trade on Monday on the back of weak Japanese GDP data and on concerns over U.S. fiscal woes that threaten to push the world's largest economy into recession. The Nikkei fell 0.5 percent to 8,714.55, while the broader Topix index eased 0.5 percent to 727.35.
- Tweet this
- Share this
- Digg this
Trending On Reuters
Surprise Rate Cut
The Reserve Bank of India (RBI) lowered its policy repo rate by 25 basis points to 7.5 percent on Wednesday, its second inter-meeting cut this year on the back of easing inflation and what it said was the "weak state" of parts of the economy. Full Article