Tokyo share prices tumble by break
Thursday, 27 March 2014
Tokyo stocks fell 1.16 percent on Thursday morning owing to a stronger yen as the West warned of fresh sanctions against Russia for its takeover of Crimea. The Nikkei 225 slipped 168.47 points to 14,308.69 while the Topix of all first-section issues was down 1.14 percent, or 16.49 points, at 1,155.58. Markets are keeping a wary eye on events in Europe as US President Barack Obama called for greater sanctions against Russia after it absorbed Crimea following a controversial referendum on the peninsula this month. Obama said Wednesday that the United States and its allies need to “step up” their commitments, according to AFP.