Equity investors were encouraged enough to nudge the Nikkei 0.3 percent higher in slow early action. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, while Australia added a slight 0.1 percent. (Pedestrians stand before a stock market indicator board in Tokyo, Japan, 26 January 2016. - EPA)
TOKYO: Japan's Nikkei share average fell more than 5 percent to a fresh 16-month low on Friday, and was set for its biggest weekly drop since 2008 as investors rushed to dump risky assets after the dollar dived to a 15-month low against the yen.
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