Asian stock markets tumbled in risk-off trade on Wednesday, as mounting concerns over U.S. military action against Syria fuelled investor demand for safe haven assets.
Ongoing uncertainty over the timing of the Federal Reserve's widely expected reduction in monthly bond purchases also weighed. The Fed's stimulus program is viewed by many investors as a key driver in boosting the price of global equities.
In Tokyo, the Nikkei fell to a two-month low as the yen strengthened against the U.S. dollar, weighing on sentiment.
USD/JPY fell to hit a session low of 96.86, moving off the previous session's high of 98.34. A stronger yen reduces the value of overseas income at Japanese companies when repatriated, dampening the outlook for export earnings.
Automakers Toyota and Honda saw shares drop 2.3% and 2.4% respectively, while consumer electronics makers Sony and Sharp fell 3.5% and 2%.
Japanese megabanks were also lower with shares of the nation's largest lender Mitsubishi UFJ Financial Group shedding 2%, while Mizuho Financial Group and Nomura Holdings declined 1.5% and 3.5% respectively.
Index heavyweights Fast Retailing and Softbank saw shares drop 0.8% and 1.9% respectively.
Through "tears of sadness," Kenji Goto's mother urged people to respect his wishes for peace hours after a video posted online Feb. 1 apparently showed her son being killed by an Islamic State militant. (Asahi)
Mitsubishi Heavy Industries Ltd. <7011> and the Japan Aerospace Exploration Agency, or JAXA, successfully launched a backup information gathering radar satellite on an H-2A rocket on Sunday. (Jiji Press)
Officials at Japan's Meteorological Agency are warning that a snowstorm could be heading for the eastern coast of Hokkaido as a low pressure system developing off the coast lashes the region with powerful winds. (NHK)
The Aichi Prefectural Police said Friday that the 19-year-old Nagoya University student who has admitted killing a 77-year-old woman last month apparently used her cellphone to take pictures of the victim's corpse. (Japan Times)
Manga giant Katsuhiro Otomo won the Grand Prix Award at the prestigious Angouleme International Comics Festival on Jan. 29, marking the first time that a Japanese creator took the event's top honor. (Asahi)
Police in Saitama Prefecture said Thursday they have arrested 11 people who, as part of an organized scam group, call up individuals claiming that they had missed a payment for using a website that is actually free to use. (Japan Today)
A Nagoya University student who says she killed an elderly woman found dead in the 19-year-old's apartment has also admitted poisoning a former high school classmate, investigative sources said Thursday. (Japan Times)