Economics

Japan’s Topix Index Declines on Stronger Yen, U.S. Drop

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Japanese stocks fell, with the Topix index capping its biggest decline since August, after the yen climbed to a seven-week high and U.S. equities tumbled on concern that the global economy’s recovery will falter.

Nissan Motor Co., a carmaker that gets about 80 percent of its revenue abroad, dropped 2.6 percent. Advantest Corp., a maker of semiconductor-testing devices and electronic measuring instruments, slid 6.1 percent on a newspaper report that it probably had an operating loss. Daiichi Sankyo Co. lost 4.3 percent after the drugmaker’s rating was cut at Mizuho Securities Co.