The Business Times

Tokyo: Shares fall sharply on US inflation as yen plunges

Published Wed, Sep 14, 2022 · 02:25 PM

TOKYO stocks sank on Wednesday (Sep 14) as investors shunned risk on worries about high US inflation, while the yen’s continued depreciation prompted Japanese officials to voice concern.

The benchmark Nikkei 225 index closed down 2.78 per cent, or 796.01 points, to 28,818.62, while the broader Topix index ended 1.97 per cent lower, or 39.11 points, at 1,947.46. AFP

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