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Tokyo stocks close down

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Tokyo stocks have lost 0.63 per cent as concerns over slowing growth in China eclipsed better-than-expected US economic data, brokers say. The Nikkei 225 index at the Tokyo Stock Exchange declined 60.96 points to close at 9,637.63 on Tuesday while the broader Topix index of all first-section issues shed 0.66 per cent or 5.51 points to 827.35. A day after Chinese Premier Wen Jiabao said the government was targeting 7.5 per cent growth this year, compared with eight per cent growth targets for each of the past seven years, Asian markets remained on edge. (ninemsn.com.au)

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