The Nikkei is currently down 1.1% after yesterday’s run up. Seems profit taking has also taken its toll on the ASX200 and the Kospi which were both positive earlier this morning but have just slipped into the red.
Shipping firms in Japan are lower as the freight index fell, as are exporters. Canon down 1.6% and Toyota down 1.5%. Mitsubishi UFJ Financial group was down over 1% after saying it wll raise $12.2 Bln by issuing new shares, in what would be the biggest ever share sale in Japan.