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Tokyo: Stocks close down 1.58% after second China yuan cut


[TOKYO] Tokyo stocks fell 1.58 per cent on Wednesday after China cut the value of its currency for the second day in a row, aggravating worries about the strength of the world's number two economy.

The Nikkei 225 index at the Tokyo Stock Exchange was down 327.98 points to 20,392.77, while the Topix index of all first-section shares slipped 1.29 per cent, or 21.85 points, to 1,665.75.