Japanese stocks declined for a fourth day on Tuesday

Note: This section contains information in English only.
Source: Dukascopy Bank
"There's more and more concern that Europe's efforts to rein in its debt is hurting its ability to grow"
- Akio Yoshino, chief economist at Amundi Japan Ltd.

Japanese stocks fell for a fourth consecutive day on Tuesday.

The Nikkei 225 declined 0.78%, or 74.13 points, to 9,468.04. The broader Topix edged lower 0.69%, or 5.60, to 803.94.

"There's more and more concern that Europe's efforts to rein in its debt is hurting its ability to grow," said Akio Yoshino, chief economist at Amundi Japan Ltd. in Tokyo.

"If growth in the region worsens more than expected, then the effort to deal with the debt will be overshadowed by the economy's contraction."

© Dukascopy Bank

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