Reported 2 months ago
Japan's Topix and Nikkei stock indexes have fallen approximately 20% from their record highs in July, fueled by declining investor confidence amid a strengthening yen, tightened monetary policy, and bleak economic outlooks from the US. Both benchmarks fell over 7% on Monday, marking significant losses since the 2011 Fukushima disaster, as mass selling emerged among investors seeking to cover losses.
Source: YAHOO