Japan's Nikkei stock index drops 9% in 2022 for 1st yearly fall in 4 years

Japan's Nikkei stock index drops 9% in 2022 for 1st yearly fall in 4 years

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The benchmark Nikkei stock index finished the year down 9.4 percent on Friday, as Russia's war in Ukraine and fears over a potential global recession as the result of aggressive monetary tightening by central banks offset the impact of solid corporate earnings with the yen's historic fall. In the…

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