Japan's benchmark Nikkei
slipped on Thursday ahead of an Italian debt sale that could
prove challenging in thin volumes, while the euro's tumble
against the yen to a 10-year low pressured exporters.
Elpida Memory, Japan's last remaining player in the
dynamic random-access memory chip market, sank as much as 10
percent after a report said it may delay paying back 30 billion
yen ($385 million) in public funds.
The chipmaker underperformed the Nikkei average, which fell
0.3 percent to 8,398.89, taking cues from declines in U.S. and
European shares as well as a broad fall in the euro on renewed
concerns over the euro zone sovereign debt crisis.
The broader Topix reversed earlier losses and gained
0.1 percent to 722.12.
(Reuters)
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