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President Barack Obama’s inauguration speech, which laid out few new details on how his administration will tackle the banking crisis and flagging economy, helped push stocks lower.”People still have expectations for his economic policies, but we know nothing concrete about them, so the market has no choice but to focus on the real economy and earnings,” said Yutaka Miura, chief technical analyst at Shinko Securities.But other market players said hopes that had helped power a global stocks rally around the New Year had been unrealistic.”Worry about the global financial sector has revived again after a period of time when the issue was largely ignored, which was kind of strange,” said Nagayuki Yamagishi, a strategist at Mitsubishi UFJ Securities.”As for Obama, perhaps you can say his impact has worn off, but soon he’ll actually start carrying out his policies and we’ll start seeing a reaction to what he really does.”The benchmark Nikkei shed 181.49 points to 7,884.30 after earlier falling as low as 7,829 Hornets New Orleans Arena tickets .30, its lowest since Nov 21 new orleans hornets baby . The broader Topix fell 2.1 percent to 788.25.Japanese banks slid after State Street Corp spooked Wall Street by saying it could need to raise capital and reported a 71 percent drop in fourth-quarter profit on Tuesday, a day after Royal Bank of Scotland Group Plc posted the biggest loss in British corporate history.Mitsubishi UFJ Financial Group was down 5 percent at 477 yen and No hornets sports . 2 bank Mizuho Financial Group fell 4.8 percent to 218 yen.Tech shares extended recent losses on falling demand amid the poor global economy, with Kyocera Corp down 3.1 percent to 5,910 yen and Advantest down 3.8 percent to 1,171 yen.Elpida jumped 6.8 percent to 569 yen.”Things have been very tough for Elpida and similar companies, so some kind of restructuring is necessary and it is good for companies to synergize like this,” said Yamagishi at Mitsubishi UFJ Securities.The dollar was holding steady against the yen after slipping overnight, trading at around 89.75 yen, but this was still enough to spark selling of exporters.Canon Inc lost 1.6 percent to 2,740 yen and Honda Motor Co fell 1.4 percent to 2,100 yen.Toyota Motor Co, which on Tuesday said that the founder’s grandson, Akio Toyoda, will head the firm, lost 2.6 percent to 3,020 yen.(Reporting by Elaine Lies; Editing by Edwina Gibbs) Hot Stocks hornets team . NEW YORK, Jan 20 (Reuters) – Diversified U.S hornets roster . manufacturerEaton Corp (ETN.N) said on Tuesday it planned to cut 5,200 jobsin an effort to further slash costs in the face of a strugglingeconomy. Stocks A spokeswoman at Eaton said the latest cuts, combined with3,400 layoffs announced in the second half of 2008, would bringthe total number of staff cuts to 10 percent of the company’stotal workforce.
(Reporting by Christopher Kaufman; Editing by Gary Hill) Stocks new orleans hornets payroll . * Sterling hits 7-½ yr low vs dlr, euro hits 6-week low Currencies* Yen underpinned by safety buying as stocks fall By Kaori Kaneko TOKYO, Jan 21 (Reuters) – Sterling hit a 7-½ year lowagainst the dollar and the euro touched a 6-week trough onWednesday on rekindled concerns over losses in the U.K bankingsector and a deepening recession in the euro zone hornets players . The yen was firm against other major currencies, underpinnedby safe-haven buying as a tumble in U.S lakers hornets . shares and growingconcerns over the global banking sector raised investors’ riskaversion honeybees hornets . Wall Street ushered in the Barack Obama presidency with arecord Inauguration Day drop on Tuesday amid fresh signs theglobal bank crisis was far from over. [.N] Tokyo’s Nikkei share average .N225 slipped more than 2percent after the Dow Jones industrial average .DJI on Tuesdaydropped below 8,000 for the first time since late November 2008. The MSCI index of Asia-Pacific stocks outside Japan.MIAPJ0000PUS shed 1 hornets.com .1 percent.
“It seems expectations for the new administration have runtheir course as the U.S economic outlook will be severe for awhile And the weakness in U.S new orleans arena hornets seating . shares was more than expected,”said Kazuyuki Kato, treasury department manager at Mizuho Trust &Banking hornets basketball schedule . Obama pledged bold and swift action to bring new life to theU.S hornets forum . economy but did not provide details on economic crisismeasures in his address at his inauguration hornets attendance .
Sterling fell as low as $1.3815, its lowest since mid-2001,in early trade and recovered to $1.3873 GBP=D4, up 0 Hornets New Orleans Arena tickets .2 percentfrom late U Hornets New Orleans Arena tickets – nba .S trade . Against the yen, sterling sank to a record low of 123.95 yenbefore recovering to be down 0.1 percent from late U.S trade at124.74 yen GBPJPY=R new orlean hornets . The euro fell 0.1 percent to $1.2892 EUR= after hitting asix-week low of $1.2845 on trading platform EBS hornets game tickets . The euro was steady at 115.88 yen EURJPY=R, and the dollaredged up 0.1 percent to 89.90 yen JPY=R Investors were looking ahead to major U.S corporate earningsand housing-related data this week . (Reporting by Kaori Kaneko; Editing by Hugh Lawson) Currencies. BEIJING (Reuters) – U.S Hornets New Orleans Arena . President Barack Obama’s inauguration speech has a little twist in translations available on some Chinese websites where his references to communism and dissent have been cut.
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