Japan's Nikkei share average fell to a two-week closing low on Thursday, breaking below its 25-day moving average as worries about European debt woes hit risk appetite, with investors looking to a Spanish debt auction later in the day.
Olympus Corp (7733.T) fell more than 20 percent after the scandal-hit company restated its earnings results on Wednesday, showing a $1.1 billion dent in its balance sheet after a 13-year accounting fraud that has engulfed the company.
The Bank of Japan likely purchased exchange-traded funds as part of its liquidity-boosting program, traders said, but it provided only limited support. (Reuters)
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