Economy

Nikkei 225 Slumps 1.63% on Trade Outlook, Stronger Yen

June 1, 2019 at 3:12 pm

The Nikkei 225 opened lower Friday and fell further in the afternoon session, as investors mulled more trade talk from US President Donald Trump and a rising yen, the latter regarded as a negative in export-oriented Japan. Also, manufacturing PMI’s from mainland China, a major trading partner, indicated a slowdown. The benchmark Nikkei 225 fell 341.34, or 1.63%, to 20,601.19,Read More