Tuesday 24 August 2010 8:00 pm  |  Updated:  Thursday 30 May 2019 9:36 pm

SOARING YEN SPARKS JAPANESE SELL-OFF

By: KCS-content

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JAPANESE equities tumbled yesterday as an ever-strengthening yen sparked a heavy sell-off of exporters such as Sony and Nikon. The Nikkei Stock Average closed at a 15-month low below 9,000. Japan’s finance minister, Yoshihiko Noda, vowed to “act appropriately” with the currency.