Tokyo: Stocks open sharply down after China unveils tariffs

[TOKYO] Tokyo stocks opened sharply lower on Tuesday, extending losses in global markets as the US-China trade war escalated and pushed the yen higher.

The benchmark Nikkei 225 index lost 1.78 per cent or 377.19 points to 20,814.09 in early trade, while the broader Topix index was down 1.77 per cent, or 27.34 points, at 1,513.80.

AFP