Japan stocks tumble into bear market territory


Tokyo's Nikkei 225 dropped sharply by another 2.3% to close at 15,713.39, adding to Tuesday's 5.4% tumble.

The index has lost more than 20% since mid-2015, meaning that it entered a bear market as investors lost their confidence.
Latest concerns have been fuelled by a strengthening of the yen, which is expected to hurt exports.
The worry is that the currency is seen as a safe haven in an insecure regional economic context. If the yen keeps appreciating, it could hurt companies' international competitiveness and cut into the export sector's profits.

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