Nikkei loses 1.5 percent Japan’s Nikkei 225 index and the broader Topix index were among the hardest-hit in Asia, down more than 1 percent early Friday. Financials endured particularly heavy selling, with Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group tanking more than 2 percent each. Nomura Holdings also receded 2.7 percent. With dollar-yen ticking down at 119.90, exporters traded on the back foot. Blue-chip names Toyota Motor and Canon eased nearly 2 percent each, while Panasonic slumped 2.7 percent.
ASIAN MARKET UPDATE