TOKYO: Tokyo shares slumped Thursday morning, with exporters tanking after the yen surged on a decision to delay a sales tax hike that threatened to undermine a recovery in Japan’s economy.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange tumbled 2.29 percent, or 387.61 points, to 16,568.12 by the break, while the broader Topix index of all first-section shares slipped 2.09 percent, or 28.43 points, to 1,333.64.
