Tokyo stocks drop by break after Yellen speech

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TOKYO: Tokyo stocks fell Wednesday morning as the yen strengthened after Federal Reserve chief Janet Yellen suggested US interest rates would remain unchanged into the second half of the year.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange slipped 0.33 percent, or 55.52 points, to 17,047.01 by the lunch break, while the broader Topix index of all first-section shares fell 0.39 percent, or 5.32 points, to 1,372.28.