Trade war fears, stronger yen topple Japanese shares to 2-month lows [Reuters]
SYSMEX CORP UNSP/ASDR (SSMXY)
NASDAQ:AMEX Investor Relations:
sysmex.co.jp/en/ir/index.html
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Source: Reuters
Trade war fears, stronger yen topple Japanese shares to 2-month lows - Reuters 4 Min Read * Prolonged US-China trade war seen as drag on global growth * Stronger yen saps exporters * Dismal Q1 earnings send Kobe Steel, Sysmex sharply lower * More earnings coming up; Mitsubishi Heavy on Mon, SBG on Wed By Tomo Uetake TOKYO, Aug 5 (Reuters) - Japanese shares tumbled on Monday, as investors grew nervous about a prolonged U.S.-China trade war, with a rapidly strengthening yen dragging down exporters like Panasonic and Daikin. The Nikkei share average shed 1.7%, extending Friday’s sizable loss of 2.1%, to 20,720.29 for its lowest finish since June 5. Of Tokyo’s 33 subindexes, 32 industry groups were in the red. The grim mood followed declines on Wall Street on Friday with the blue chip Dow and the S&P 500 hitting their lowest levels since late June. U.S. President Donald Trump abruptly decided on Thursday to slap a 10% tariff on $300 billion of Chinese imports, stunning markets and ending
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