INQUIRER.net: Japanese shares open down 0.65 percent

INQUIRER.net Philippine News for Filipinos

Japanese shares open down 0.65 percent Feb 15th 2013, 01:18 TOKYO - Japanese stocks opened 0.65 percent lower Friday as investors showed caution about the direction of the yen ahead of a Group of 20 meeting in Russia.   The headline Nikkei index of the Tokyo Stock Exchange lost 73.44 points to 11,233.84 in the first minutes of trading.   "Caution is emerging over the yen's direction," said Yoshihiro Okumura, general manager of research at Chibagin Asset Management.   "The topside will likely be heavy," he told Dow Jones Newswires.   The yen was at 93.05 to the dollar from 92.87 in New York on Thursday but still higher than 93.49 in Tokyo trade on Thursday.   The euro bought $1.3356 and 124.31... Keep on reading: Japanese shares open down 0.65 percent Media files: asian-markets-Japan.jpg (image/jpeg)

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