TOKYO, (APP/AFP) – Tokyo stocks closed lower
Thursday as soft Japanese growth data left investors guessing about the chances of more central bank stimulus, but Nintendo soared on news of a Super Mario game tie-up with Apple.
Shortly before markets opened, figures showed that the world’s number three economy expanded a weak 0.2 percent in the April-June quarter, slightly better than the preliminary zero reading.
But the improved numbers — owing to an upward revision in capital spending and public investment — still fell well below first-quarter GDP figures, as attempts to put Japan on a firm recovery track struggles to gain traction.
Business News
Tokyo stocks close lower but Nintendo soars on Apple tie-up
