The Business Times
business-time-50

Tokyo: Shares drop as GDP shows record quarterly fall

Published Mon, Aug 17, 2020 · 12:29 AM

    [TOKYO] Tokyo shares dropped on Monday after official data showed the nation's economy experienced a record quarterly contraction of 7.8 per cent.

    The benchmark Nikkei 225 index fell 76.98 points or 0.33 per cent to 23,212.38 in early trade, while the broader Topix index eased 1.76 points or 0.11 per cent to 1,621.62.

    AFP

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Simba says it is developing “new innovative products for the Singapore market”, set to be launched in the new financial year.

    Simba admits exceeding spectrum limits amid failed M1 deal; full-year profits surge 277%

    Wan Chee Foong (left) and Lars Kastrup will work together during the handover period.

    Temasek’s Wan Chee Foong to helm PIL, Lars Kastrup to be board adviser

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    MAS notes that the possible reassessment of AI-related asset valuations is a key risk factor.

    One-third of Singapore-listed firms at risk in severe AI downturn: MAS

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More