Tokyo: Nikkei falls on weak US, China data, trade frictions

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[TOKYO] Japan's Nikkei fell on Thursday as weak US and Chinese economic data and Sino-US trade frictions soured sentiment, while banks tumbled on weak earnings reports. Read more at The Business Times.

for April on Wednesday, raising fresh questions about the health of its economy as the US ramps up trade pressure.

"In addition to a modest hit to exports, negative spillovers to business confidence are likely in the near future. In the near term, policy makers will likely keep policy easing in place and be more accommodative until after a trade deal." Exporters fell, with Fanuc falling 1.3 per cent, Murata Manufacturing shedding 2.2 per cent and Advantest Corp tumbling 5.4 per cent.

 

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