Thu, 15 Aug 2013 11:15:07 GMT
Japanese stocks retreat on Yen
Japanese stocks declined, with the Topix index snapping a two day winning streak, as exporters fell after the Japanese currency appreciated and on expectations that the Fed will start to scale back its stimulus in September. The Topix fell 1.7% to 1,151.82 at the Tokyo's close; however, the equity-benchmark has advanced 3.2% in the last two sessions, while the Nikkei