Tokyo’s Nikkei dives 12.4%, suffers record points loss

Tokyo stocks sank more than 12 percent Monday, battered by a resurgent yen and weak US jobs data that fuelled fears of a recession in the world’s top economy. The benchmark Nikkei 225 index plunged 12.40 percent, or 4,451.28 points, to 31,458.42 — its largest points drop in history — while the broader Topix index […]

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