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Article: Nikkei hits 3-week closing low below 10,000.
- Article from:
- Times of Oman (Muscat, Oman)
- Article date:
- October 31, 2009
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Byline: Reuters
TOKYO: Japan s Nikkei average slid below 10,000 to a three-week closing low on Thursday as a strong yen hurt exporter shares and weak U.S. data renewed worry about global economic growth, sparking a broad sell-off on Wall Street.
Japan Airlines rose nearly 3 percent on news that the transport minister will brief about plans to revive Japan Airlines Corp after the close on Thursday, with investorEoe1/4aos keen tosee if the government will announce the use of public funds to bail out the struggling carrier.
Analysts said that the unexpected fall in U.S. sales of newly-built single family homes in September, which followed a fall ...