The following is the latest list of selected news summaries by Kyodo News.----------Nikkei closes with largest point drop in history, down 12%TOKYO - The Nikkei stock index closed with its largest single-day point drop in history on Monday, tumbling over 4,400 points and 12 percent, in a global market crash amid a firming yen and escalating fears of a U.S. recession triggered by disappointing economic data.The U.S. dollar plunged briefly by nearly 5 yen from late last week to a fresh seven-month low of 141.69 amid growing speculation that the Federal Reserve will cut interest rates signific…READ FULL ARTICLE
