 "Nikkei falls on soft US and China data")
Japanese share prices fell on Monday after soft US and China economic data raised doubts over global growth prospects, while shares in two printer manufacturers tumbled after disappointing earnings.
The Nikkei share average dropped 0.7% to 17,558.04. The broader Topix fell 0.5% to 1,408.75 while the JPX-Nikkei Index 400 lost 0.3% to 12,785.93.
Seiko Epson fell 10.1% while Konica Minolta dropped 9.4%.
Beneficiaries from sliding oil prices in the past several months - ranging from airline companies and rubber makers to power companies - also took a big hit after oil prices posted their biggest rebound in 2-1/2 years.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app