Asian markets sink as investors ready for earnings »

Posted By myfairlady 10 months, 2 weeks ago in Business & Finance

Most Asian markets retreated Tuesday, led by a steep fall in Japan, as commodities stocks followed oil prices lower and a bleak outlook for earnings hit iconic exporters such as Sony Corp.

Japan's Nikkei 225 stock average tumbled 392.26 points, or 4.4 percent, to 8,444.54, catching up with Asia's losses on Monday after being closed for a holiday but also undermined by strength in the yen.

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