Tokyo: Stocks open lower on Biden tax hike reports
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TOKYO] Tokyo stocks opened lower on Friday after Wall Street tumbled following reports the US administration is considering a tax hike on the wealthy.
The benchmark Nikkei 225 index slipped 1.12 per cent or 326.43 points to 28,861.74 in early trade, while the broader Topix index was down 0.70 per cent or 13.55 points at 1,980.95.
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
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Auditors flag uncertainty on Katrina Group’s ability to continue as a going concern
