Nikkei drops on firmer yen; upcoming earnings in focus

Tue Jan 29, 2013 12:06am GMT

TOKYO, Jan 29 (Reuters) - Japan's Nikkei share average
extended losses at the open on Tuesday, backing further away
from a 32-month high above 11,000 that it touched on Monday, as
a firmer yen tempered appetite for exporters and turned the
focus to upcoming earnings reports.
    The Nikkei lost 0.5 percent to 10,768.82, while the
broader Topix edged down 0.2 percent to 912.11.
Photo

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.