Business News

Tokyo shares suffer third day of losses on yen rally

TOKYO, (APP/AFP) – Tokyo shares slumped for a third
session Tuesday as a yen rally and worries about a global oil supply glut hit sentiment ahead of US and Japanese central bank meetings.
The benchmark Nikkei 225 index dropped 1.43 percent, or 237.25
points, to close at 16,383.04, while the broader Topix index of all first-section shares was down 1.39 percent, or 18.42 points, at 1,306.94.