Nikkei slips, retailers bruised by Seven & I
TOKYO, July 3 (Reuters) - Japan's Nikkei stock average fell 0.6 percent on Friday but pared earlier losses marked after U.S. jobs data dented hopes for economic recovery, with retailers sliding after Seven & I Holdings (3382.T: Quote, Profile, Research) posted poor results.
Oil-linked shares fared badly after oil extended losses down towards $66, while drugmaker Eisai Co Ltd (4523.T: Quote, Profile, Research) fell after a brokerage downgrade.
The benchmark Nikkei .N225 slid 60.08 points to 9,816.07, losing 0.6 percent on the week. The broader Topix .TOPX fell 0.4 percent to 920.62. (Reporting by Elaine Lies)
© Thomson Reuters 2009 All rights reserved
Pledge to support economies
G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured. Full Article | Related Story
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
