Japan’s Nikkei slips on firmer Yen before Fed

During the night on Wednesday, Japan’s Nikkei Share average slipped dragged down by a firmer Yen as investors were waiting for the US Federal Reserve’s monetary policy outlook later in the day.

Toshiba Corp. was once again under the spotlights, as the company’s Stocks nosedived by 12% after it said it would consider a sale of Westinghouse.

But the company, which was the most traded Stock by turnover, did not offer any clarity or more information on whether it would proceed with a Chapter 11 filing for the US nuclear unit.

The Nikkei ended 0.2% lower at 19,577.38 points, while the broader Topix dropped by 0.2% to 1,571.31 points, and the JPX-Nikkei Index 400 fell by 0.1% to 14,080.15 points.