Tokyo’s Nikkei Closes Down More Than 1.6% on Tech Slump

Tokyo, Feb 24 (AFP/APP): Tokyo’s benchmark Nikkei index closed down more than 1.6 percent on Wednesday over inflation fears as a recent rise in yields of US Treasury bonds weighed on tech shares.

The Nikkei 225 index slipped 1.61 percent, or 484.33 points, to 29,671.70, ending below the psychologically important 30,000 mark. The broader Topix index was down 1.82 percent, or 35.28 points, at 1,903.07.

Stay tuned to Baaghi TV for latest news and updates!

Climate change a grave threat to world peace, Johnson tells UN

Boeing 777: Engine Maker to Conduct Inspections Ordered by US Regulator