Tokyo's key Nikkei index dropped more than two percent at the open on Monday on concerns over the potential impact of a new coronavirus that has killed 80 people in China.
The benchmark Nikkei 225 index lost 2.04 percent, or 486.13 points, to 23,341.05 in early trade, while the broader Topix index fell 1.84 percent, or 31.77 points, to 1,698.67.
Source : AFP
The yen rose and the yuan fell in offshore trade on Monday as worries that China is struggling to contain the spread of a pneumonia-like virus sparked a bout of risk aversion.
Japan's currency, often sought as a safe-haven in times of uncertainty, rose to the highest in almost three weeks versus the dollar, while the yuan fell to its lowest since Jan. 8.
China's cabinet announced it will extend the Lunar New Year holidays to Feb. 2, to strengthen the prevention and control of the new...