Nikkei drops to 7-month low on Toyota output shock

  • 8/19/2021
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TOKYO, Aug 19 (Reuters) - Japan’s Nikkei share average fell more than 1% on Thursday to its lowest since early January after Toyota Motor shares tumbled on news that it will slash its output by 40% next month due to a chip shortage. Reporting by Hideyuki Sano Our Standards: The Thomson Reuters Trust Principles.

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