Photo Wikipedia
The Nikkei 225 index ended 3.1% lower at 16,174 – higher than its low point for the trading session, but still the lowest close since April 12.
Toyota shares closed down 3.8%, Nissan Motor dropped 5% and Honda Motor shed 4%.
The yen shot up after the Bank of Japan (BOJ) decided not to launch fresh economic stimulus last week.
On April 29, the yen was at about 108 yen against the dollar. It strengthened a little on May 2 to around 106.31 yen.
In South Korea the Kospi ended May 2 session lower, by 0.8% at 1,978.15 points. And that is also a three-week low.
Markets in China and Hong Kong are shut on May 2 for the Labor Day holiday.
Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…
Millions of voters across the US chose to return Donald Trump to the White House…
Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…
Stocks around the world are rising as Donald Trump appears to be on the cusp…
Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…
Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…
