BUSINESS Tokyo shares open lower ahead of Powell speech

BUSINESS

Tokyo shares open lower ahead of Powell speech

AFP

08:34, August 27, 2021

Tokyo's benchmark Nikkei index opened lower on Friday as investors awaited an address by Fed Chair Jerome Powell for clues about his plans on scaling back the central bank's stimulus programme.

The Nikkei 225 index fell 0.73 percent, or 202.23 points, to 27,540.06 in early trade, and the broader Topix index slipped 0.41 percent, or 7.90 points, to 1,927.45.

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