Tokyo stocks close sharply lower on strong yen

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[TOKYO] Tokyo stocks closed sharply lower on Monday, weighed down by a strong yen and tracking losses on Wall Street amid US-China trade woes. Read more at The Business Times.

[TOKYO] Tokyo stocks closed sharply lower on Monday, weighed down by a strong yen and tracking losses on Wall Street amid US-China trade woes.

The greenback was trading at 105.91 yen in Asian trade, down from 106.59 yen in New York on Friday afternoon compared to the 108.00 yen figure seen a week earlier. "Global stock markets have been swayed by President Trump's remarks since 2019 as they impact speculation on whether the tensions will ease or worsen."

 

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