Japanese stocks fell by about 5 percent in the first minutes of trading on Friday, as the floors of dealing with a significant decrease overnight in American stocks and the yen rise to its highest levels since October.
Sony shares decreased by more than 9 percent, Toyota by more than 6 percent and MUFG, the largest banking group in Japan, by 5.5 percent in a march by paying fears that the US huge tariff for China will extend chaos in the market and accelerate global recession.
The Elaine strengthened 1.2 percent to 143.2 dollars. In comments on the correspondents on Friday morning, Japanese Finance Minister Katsonobo Kato said that Japan had agreed with the United States that excessive currency fluctuations would negatively affect the economy.
“Based on this agreement, we are proactive with the United States,” Kato said.
https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F240ca997-02f2-4553-92f1-1f22c23af30e.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1
Source link