Tokyo: Stocks close lower over US-China trade row worries

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[TOKYO] Tokyo stocks closed down on Thursday, despite more conciliatory messages from Washington on trade as investors remained worried about how the US-China row will develop. Read more at The Business Times.

Tokyo stocks closed down on Thursday, despite more conciliatory messages from Washington on trade as investors remained worried about how the US-China row will develop.[TOKYO] Tokyo stocks closed down on Thursday, despite more conciliatory messages from Washington on trade as investors remained worried about how the US-China row will develop.

Washington softened its stance on auto imports on Wednesday but investors remained focused on the US-China trade war and the health of the world's two biggest economies, analysts said. Mr Trump has threatened to impose 25 per cent punitive duties on autos - a possibility that has worried the European Union and Japan in particular, as well as Mexico and Canada.

China-related shares were lower, with electronic parts maker Rohm dropping 3.25 per cent to 7,140 yen and chip-testing equipment maker Advantest down 6.30 per cent at 2,881 yen.

 

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