Tokyo stock index drops to 26-year low

Posted by 7Star Tuesday, March 10, 2009

Japanese shares slumped to the lowest level in more than a quarter century on Monday as fears deepened about the health of Asias biggest economy. Investors were rattled by news that Japan logged its biggest-ever current account deficit in January, the first such month of red ink in 13 years, as exports collapsed because of the global downturn.

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