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Japanese shares fall further; yen at 3 1/2-month high

Analysts suggest that stock market investors, particularly foreigners, have given up on Prime Minister Shinzo Abe's brand of economic policies. The yen's rise, too, suggests forex markets do not believe the monetary easing by the Japanese central bank can stave off further appreciation in the Japanese currency.


JAPANESE shares continued their sickening plunge on Wednesday, falling by a further 2.3 per cent after the previous days' 5.4 per cent drop and prompting analysts to suggest that stock market investors - particularly foreigners - have "given up" on Prime Minister Shinzo Abe's