Business News

Tokyo stocks down by break on strong yen

TOKYO, (MILLAT/APP/AFP) – Tokyo stocks sank on a
strong yen Monday morning, with Toshiba plunging on a report that its troubled US nuclear unit is likely to start bankruptcy proceedings this week.
The benchmark Nikkei 225 index lost 1.51 percent, or 291.74 points, to 18,970.79, while the Topix index of all first-section issues was down 1.37 percent, or 21.08 points, at 1,522.84.