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APR 11, 2013 - MarketWatch

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Japan stocks pull back, with banks lower

LOS ANGELES (MarketWatch) -- Japanese stocks pulled back early Friday after setting a succession of multiyear highs in recent sessions, with banks among the leading decliners. The Nikkei Stock Average swung from a mildly positive open to trade down 0.4% at 13,498.26 in the early minutes, while the broader Topix slipped 0.1%. The losses for the blue chips came as the dollar rose to just short of the key 100-yen level but then fell back ahead of the Tokyo stock open. Newly installed Bank of Japan Gov. Haruhiko Kuroda said in an interview published Friday by The Wall Street Journal that the ... Read More

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