Tokyo: Nikkei opens down 2.6% as yen surges on trade fears

[TOKYO] Tokyo's key Nikkei index plunged as much as 2.6 per cent at the open on Monday as the yen surged against the dollar on escalating US-China trade tensions.

The Nikkei 225 was down 2.56 per cent, or 529.86 points, to 20,181.05 in early trade, while the broader Topix index lost 2.45 per cent, or 36.78 points, to 1,465.47.

AFP