Around the World's Markets: Tokyo

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The Independent Online
STOCKS FELL after a series of economic indicators, including October job figures, pointed to weakness in Japan's economy. The Nikkei 225 average fell 138.38 points, or 0.9 per cent, to 15,069.39.

Sanwa Bank Ltd. and other lenders slid on concern they are not taking enough of the government's 25 trillion yen fund to help write off bad loans, mounting during the country's worst recession in 50 years. "There are still plenty reasons to be nervous about the economy,'' said Ichizo Yamauchi at Kokusai Asset Management.

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