Nikkei extends falls into 5th day on US fiscal woes; exporters drag

Fri Nov 9, 2012 12:11am GMT

TOKYO, Nov 9 (Reuters) - Japan's Nikkei share average
extended declines into a fifth day on Friday, following Wall
Street lower as investors fretted about the fiscal problems
facing the United States, while the stronger yen dragged on
exporters.
     The Nikkei dropped 1.1 percent to 8,737.34 and the
broader Topix index fell 1 percent to 728.27.
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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.