TOKYO, Feb. 28 (Xinhua) -- Tokyo stocks lost ground Wednesday morning after new Federal Reserve Chairman Jerome Powell's congressional testimony raised concerns about higher U.S. inflation, while the Bank of
The 225-issue Nikkei Stock Average lost 80.81 points, or 0.36 percent, from Tuesday to 22,309.05. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 3.87 points, or 0.22 percent, at 1,786.47. Mining, iron and steel, and oil and coal product-linked issues comprised those that declined the most by the morning break.
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