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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo stocks opened more than two percent lower on Thursday following sharp falls on Wall Street as fears intensify about the new coronavirus after the World Health Organization declared the outbreak a pandemic. The benchmark Nikkei 225 index dropped 2.24 percent or 435.84 points to 18,980.22 in early trade, while the broader Topix index fell 2.42 percent or 33.51 points to 1,351.61. Following the WHO's pandemic announcement, "concerns over recession due to contraction in various economic activities intensified", Rikiya Takebe, senior strategist at Okasan Online Securities, said in a commentary. On Wednesday, the head of the UN's top health body for the first time characterised the outbreak as a pandemic, meaning it is spreading in several regions through local transmission. Tokyo investors were closely watching Donald Trump's address to the nation -- due to start at 0100 GMT -- in which the US president is expected to talk about Washington's response to the epidemic, analysts said. Thursday's trade "could see volatile moves as some investors are seeking bargain-hunting purchases", expecting the Bank of Japan to act to support the market, Mizuho Securities said in a note. The dollar fetched 104.57 yen in early Asian trade, against 104.54 yen in New York late Wednesday. In Tokyo, exporters and banks were among losers, with Sony slipping 1.20 percent to 6,071 yen, Toyota dipping 3.02 percent to 6,385 yen, Mitsubishi UFJ Financial trading down 3.32 percent at 427.9 yen, and Sumitomo Mitsui Financial down 3.52 percent at 2,854 yen. On Wall Street, the Dow ended down 5.9 percent at 23,553.22. kh/sah/jah
schema:headline	Tokyo stocks open more than 2% down on coronavirus fears
schema:mentions	Sony Toyota Recession Asia University of Washington United States dollar World Health Organization Japan United Nations New York City Pandemic Coronavirus Donald Trump Takebe, Okayama Sumitomo Mitsui Banking Corporation Sumitomo Group Mizuho Securities Mitsubishi UFJ Financial Group Intensify Japanese yen Nikkei 225 Tokyo Stock Exchange Greenwich Mean Time
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-12 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	54 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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