Tokyo Hits 4-Month Low
Japan's Nikkei Average fell to a four-month closing low as financials, autos and a broad range of exporters lost ground.
Disappointing U.S. data renewed worries about the economic recovery and weighed on sentiment.
Financials came under pressure, after Mitsubishi UFJ said on Wednesday it would raise a massive $11 billion to meet stricter capital rules. MUFJ shares slumped 4.1 percent while Sumitomo Mitsui lost 4.9 percent.
Economic worries and a stronger yen hurt a broad range of exporters. Honda Motor lost 3.5 percent and Canon shed 3.1 percent.
The benchmark index declined 1.3 percent 9,549.4 points after falling as far as 9,496.07. The broader Topix fell to a six month low and was last quoted down 1.45 percent at 837.7 points.
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