(Bloomberg) -- Japanese stocks dropped, with the
Topix index slumping by the most in more than 12 weeks on
concern U.S. demand will falter, curbing profits, amid signs the
housing market there is worsening and after the yen strengthened.
Canon Inc. fell by the most since March and Honda Motor Co.
slid 1.6 percent. Mitsubishi Corp. had its second-worst
performance of the year, leading commodities-related shares
lower after prices of oil, copper, gold and other raw materials
slumped.
Read more at Bloomberg Stocks News
Topix index slumping by the most in more than 12 weeks on
concern U.S. demand will falter, curbing profits, amid signs the
housing market there is worsening and after the yen strengthened.
Canon Inc. fell by the most since March and Honda Motor Co.
slid 1.6 percent. Mitsubishi Corp. had its second-worst
performance of the year, leading commodities-related shares
lower after prices of oil, copper, gold and other raw materials
slumped.
Read more at Bloomberg Stocks News
No comments:
Post a Comment