Nikkei drops as exporters sold as yen weakness pauses

Mon Jan 7, 2013 6:17am GMT

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.

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.