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| Version 1 | Version 2 |
|---|---|
| Japan shares close lower on stronger yen | Japan shares close lower on stronger yen |
| (34 minutes later) | |
| Japanese shares fell as much as 3% on Friday, touching a seven-month low, as the yen strengthened against the dollar ahead of much-anticipated job numbers from the US due later. | Japanese shares fell as much as 3% on Friday, touching a seven-month low, as the yen strengthened against the dollar ahead of much-anticipated job numbers from the US due later. |
| Japan's Nikkei share index eventually closed down 2.15% at 17,792.16. | Japan's Nikkei share index eventually closed down 2.15% at 17,792.16. |
| The dollar was buying 119.10 yen in afternoon trade, its weakest point since late last month. | The dollar was buying 119.10 yen in afternoon trade, its weakest point since late last month. |
| A stronger yen is not good for Japanese exporters as it makes their goods more expensive to buy overseas. | A stronger yen is not good for Japanese exporters as it makes their goods more expensive to buy overseas. |
| Among big exporters, shares in Toyota dropped 2.5% while Panasonic fell 4%. | Among big exporters, shares in Toyota dropped 2.5% while Panasonic fell 4%. |
| Analysts said the yen has strengthened because investors were looking to put their money into safer assets. | Analysts said the yen has strengthened because investors were looking to put their money into safer assets. |
| Other Asian shares headed lower for much of Friday, despite stocks on Thursday getting a boost from the European Central Bank's (ECB) hints about extending its stimulus programme. | Other Asian shares headed lower for much of Friday, despite stocks on Thursday getting a boost from the European Central Bank's (ECB) hints about extending its stimulus programme. |
| The ECB cut its growth and inflation forecasts on Thursday, paving the way for an expansion to its asset-buying plan. | The ECB cut its growth and inflation forecasts on Thursday, paving the way for an expansion to its asset-buying plan. |
| South Korea's Kospi closed down 1.5% at 1,887.61, while in Australia the S&P/ASX 200 closed up 0.25% at 5,040.60. | South Korea's Kospi closed down 1.5% at 1,887.61, while in Australia the S&P/ASX 200 closed up 0.25% at 5,040.60. |
| In Hong Kong, the benchmark Hang Seng index closed down 0.45% at 20,840.61, while China's mainland markets were closed for a holiday to commemorate the end of World War Two. | |