TOKYO: Japanese shares tumbled to six-month lows on Friday and could log their worst performance since the March 2011 tsunami and nuclear disaster after a rout in US tech shares spurred selling by momentum players.
Fast Retailing, the benchmark Nikkei heavyweight and casual clothing giant, sank after it cut its full-year operating profit forecast when investors are already getting nervous about fallouts from a sales tax hike this month.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!