Tokyo stocks open down as Fed's reaffirmed stance sends yen higher
Tokyo stocks
Tokyo - XINHUA
Tokyo stocks opened lower on Thursday as the U.S. Federal Reserve's latest policy minutes reminding investors a rate hike would not be imminent, sent the yen higher versus the greenback.
As of 9:15 a.m., the 225-issue Nikkei Stock Average lost 18.32 points, or 0.12 percent, from Wednesday to 15,697.04.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange meanwhile, retreated 1.98 points, or 0.16 percent, to 1,265.77.
Notable earlier decliners comprised retail, iron and steel, and insurance-linked stocks.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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