Tokyo: Nikkei opens down 2% after US losses

[TOKYO] Tokyo shares opened sharply lower on Friday (Jan 21) following a negative lead on Wall Street amid lingering worries over surging global inflation and the prospect of rising interest rates.

The benchmark Nikkei 225 dropped 2 per cent or 554.31 points to 27,218.62 in early trade, while the broader Topix index lost 1.65 per cent or 31.92 points to 1,906.61.

AFP