Japan’s Nikkei Posts Huge Losses

Posted October 18th, 2011 at 2:50 am (UTC-5)
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Japanese markets closed lower Tuesday, while the U.S. dollar is unchanged in trading against the Japanese yen.

Tokyo's Nikkei index lost just over one and one-half percent to finish at 8,742.

The dollar was selling at 76.83 yen.

The Taipei market closed at 7,359, a loss of over one and one-quarter percent .