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Nikkei falls as yen advances, economic gloom deepens
Reuters - 1 hour 22 minutes ago
TOKYO, Dec 2 - Japan's Nikkei average fell 1.6 percent on Tuesday, with exporters such as Sony Corp <6758.T> weighed down by a stronger yen amid increasing gloom about the global economy.
U.S. stocks tumbled on Monday after data showed factory activity fell to its weakest since 1982 and Federal Reserve Chairman Ben Bernanke said the U.S. economy remained under considerable strain. [ID:nWAT010588] [ID:nN01516053]
The benchmark Nikkei <.N225> shed 132.82 points to 8,264.40 while the broader Topix <.TOPX> lost 1.4 percent to 816.03.
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