Japanese shares plunge amid global equity sell-off
The Nikkei recorded its biggest drop since June 2013
Japanese stocks plunged amid a global equity selloff as the yen surged to the highest level against the dollar in more than a year, while financial companies plummeted on growing global unease over profitability and credit quality.
The Topix index sank 5.5 per cent to 1,304.33, closing in Tokyo with the largest decline since August. Brokerages and banks led the rout as all of the gauge’s 33 industry groups fell. The Nikkei 225 ...
