Monday, July 30, 2007

Japanese Stocks Tumble; Buck Down

Japanese stocks plunged nigh 3 percentage Friday, hurt by a discriminating worsen overnight on Wall Street, recent yen military strength and doubtfulness close to weekend elections.In mid-afternoon trading, the Nikkei 225 indicant was down 499.61 points, or 2.82 percent, to 7,202.48 points at mid afternoon. Exporters such as Honda motor Co. and Fujitsu Ltd were among the losers.Prices tumbled afterward Wall Street suffered one of its pip losings this year Thursday as investors succumbed to months of worry just about the U.S. mortgage and embodied loaning markets. Read more