2007-08-18

Bloomberg.com: Japan

Bloomberg.com: Japan: "Japan's Stocks Have Worst Post-Bubble Week; Nintendo Plunges By Patrick Rial and Makiko Suzuki Enlarge Image A man walks past an electronic stocks board in Tokyo. Aug. 17 (Bloomberg) -- Japanese stocks plunged, sending the Topix index to its biggest weekly drop since the end of the asset inflation `bubble' of the 1980s. The Nikkei 225 Stock Average had its worst daily performance since the Sept. 11, 2001, terrorist attacks. Nintendo Co. fell by its daily limit, after the yen rose to the strongest in a year against the dollar as investors unwound so- called carry trade bets on high-yielding assets funded by yen loans. Toyota Motor Corp. dropped the most in six years."

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