Japans Nikkei average lost 2.7 percent on Wednesday as LCD TV maker Sharp Corp doubled its loss estimate for the business year just ended while other exporters were hurt by a stronger yen. Sharp slid 6 percent and other companies revising earnings estimates lower, including Kobe Steel, also fell.
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- IMM speculators decrease long dollar positions
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- Index gains 86 points
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- Malaysian shares down 1.3 percent
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- Manila to borrow $1.2 billion more in local debt in 2009
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- Monday's midday trade: Wall Street up
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- Moody's
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- Mutual Funds Association of Pakistan
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- Solvay holding denies received offer for shares
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