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Nikkei slips on weak economic data; Sumitomo dives after profit warning
2014-09-30 08:05:00| Grocery - Topix.net
Investors were already on the back foot before the start of trading as pro-democracy protests in Hong Kong dented risk appetite in global markets. The early spotlight fell on Sumitomo Corp, which nosedived 13 percent after it slashed its annual profit forecast by 96 percent due to losses on a U.S. shale project and sharp declines in iron ore and coal prices.
Tags: data
economic
profit
warning
Category:Food and Related Products