Reported about 1 month ago
Japan's Nikkei 225 index continued its downward trend as a stronger yen impacted the earnings outlook for exporters, particularly automakers. The yen's rise followed positive wage data, suggesting potential for another rate hike by the Bank of Japan. The drop in bond yields also affected bank stocks, leading to a decline in the Nikkei, while Nomura Research Institute saw gains after being added to the index.
Source: YAHOO