By Adam Haigh, Min Jeong Lee, Anna Kitanaka
on Nov 09 2016 04:19 PM
  • PIT

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Once again, like after the Brexit vote, one of the biggest routs in global stock markets came a world away in Tokyo. Japan’s benchmark Topix index slumped 4.6 percent, the largest decline since Britain voted to leave the European Union and the worst performance in Asia, as Donald Trump unexpectedly won the U.S. presidential race. It’s familiar territory for investors in the world’s third-largest economy, where equities are often battered by global market shocks as the yen surges on haven demand.

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