Nikkei falls to a 4-wk low on weak Japan GDP, US fiscal woes
TOKYO, Nov 12 (Reuters) - The Nikkei average slipped to a four-week low in early trade on Monday on the back of weak Japanese GDP data and on concerns over U.S. fiscal woes that threaten to push the world's largest economy into recession. The Nikkei fell 0.5 percent to 8,714.55, while the broader Topix index eased 0.5 percent to 727.35.
- Tweet this
- Share this
- Digg this
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.