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Nikkei falls on growth fears

Tuesday, October 09 07:26:18

Japan's Nikkei share average lost ground today on growing concerns that companies will slash full year forecasts during the upcoming earnings season, after the World Bank cut China's growth outlook and warned its slowdown may be more protracted than thought.

The Nikkei lost 1.1 percent to 8,769.59 and the broader Topix sagged 1.3 percent to 727.68. ( C) Reuters