(Reuters) - Weak stock markets, due partly to concerns about the exposure of U.S. lenders to subprime mortgages, have reduced investor interest in risky assets around the world. The Nikkei share average fell 1.2 percent.
Market players were also on edge after Japanese Finance Minister Koji Omi warned the previous session that markets should be aware of the risks of one-way bets, an apparent reference to carry trades funded in the low-yielding yen.
Read more at Reuters.com Hot Stocks News
Market players were also on edge after Japanese Finance Minister Koji Omi warned the previous session that markets should be aware of the risks of one-way bets, an apparent reference to carry trades funded in the low-yielding yen.
Read more at Reuters.com Hot Stocks News
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