Nikkei drops as exporters sold as yen weakness pauses
TOKYO, Jan 7 (Reuters) - Japan's benchmark Nikkei average fell on Monday, snapping a five-session winning streak as yen weakness has paused, triggering profit-taking on exporters, while utility shares lost ground on brokerage downgrades. The Nikkei dropped 0.8 percent to 10,599.01. The broader Topix fell 0.8 percent to 881.06.
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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.