Monday, March 25, 2013

Reuters: Most Read Articles: Japan's Nikkei falls on Cyprus deal worries

Reuters: Most Read Articles
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Japan's Nikkei falls on Cyprus deal worries
Mar 26th 2013, 00:05

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Mon Mar 25, 2013 8:05pm EDT

  TOKYO, March 26 (Reuters) - Japan's Nikkei average fell in  early trade on Tuesday after a senior euro zone official said  the Cyprus rescue could be a new template to deal with other  banking problems in the region.      The Nikkei dropped 0.6 percent to 12,468.06, while  the broader Topix index eased 0.5 percent to 1,042.18.      The Cyprus deal is forcing depositors and bank bondholders  to bear losses, and Dutch Finance Minister Jeroen Dijsselbloem,  who heads the Eurogroup of euro zone finance ministers, said the  Cyprus bailout represented a new model for resolving banking  crises in the currency bloc.  
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