Tokyo: Stocks open lower on Thursday

TOKYO stocks opened lower on Thursday extending US losses, with fears growing among investors that there will be no respite from Federal Reserve rate hikes aimed at tamping down inflation.

The benchmark Nikkei 225 index was down 1.04 per cent, or 291.67 points, at 27,799.86 in early trade, while the broader Topix index slipped 0.80 per cent, or 15.76 points, to 1,947.40. AFP


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