International News

Tokyo shares slip as strong yen hits exporters

TOKYO, (APP/AFP) – Tokyo shares slipped
Thursday morning as the yen surged on fading expectations of an imminent rate hike by the Federal Reserve, hitting exporters including Toyota and Nissan.
The benchmark Nikkei 225 index fell 0.19 percent, or 31.03 points, to
16,714.61 by the break, while the broader Topix index of all first-section
shares was down 0.38 percent, or 4.98 points, to 1,306.15.