Wednesday, August 11, 2010

Japan's Nikkei average down 1.3%

TOKYO: Japan's Nikkei average fell 1.3 percent on Wednesday, Aug 11 hurt by strength in the yen versus the dollar after the Federal Reserve announced plans to boost a flagging U.S. economy by reinvesting money from maturing mortgage bonds in government debt.

The benchmark Nikkei slipped 128.02 points to 9,423.03, while the broader Topix declined 1.1 percent to 845.54. - Reuters


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