Japan Stock Market Tanks

    Junji Kurokawa / AP Photo

    It was only a matter of time. Japan’s stock market, which has soared nearly 50 percent in the past half year, took a hard fall on Thursday. Japan’s central bank has been engaged in an aggressive push to jump-start growth by flooding the economy with cheap money and devaluing the yen. That has worked wonders for the markets. But investors, processing a rise in interest rates and weakness from China (an important trading partner), sold stocks with abandon. The Nikkei 225 index fell 7.3 percent on the trading session.

    Read it at CNBC