SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (62344)3/26/2002 1:35:57 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Japan Stocks Fall for a 4th Day, Led by Toyota, Mizuho, Banks
By Tomoko Yamazaki
03/26 01:08

quote.bloomberg.com

Tokyo, March 26 (Bloomberg) -- Japanese stocks fell for a fourth day, led by Toyota Motor Corp. and other exporters, after a U.S. homes report raised concern signs of an economic recovery will push the Federal Reserve to raise interest rates, curbing demand for their goods.

Mizuho Holdings Inc. and other banks also declined after Tokyo Governor Shintaro Ishihara said the Tokyo government will try to force banks to pay taxes this year, appealing the Tokyo District Court's ruling that the metropolitan government must repay 74.2 billion yen ($557 million) in taxes to banks.

The Nikkei 225 stock average fell 53.17, or 0.5 percent, to 11,207.92, extending a three-day, 4.5 percent drop. The Topix index slipped 9.05, or 0.8 percent, to 1064.15.