Nikkei ends sharply lower on political uncertainty after coalition breakup

Tokyo stocks ended sharply lower Tuesday, with the Nikkei index briefly sinking over 3 percent, as selling was spurred amid political uncertainty in Japan after the junior coalition partner of the ruling Liberal Democratic Party decided late last week to end their alliance.The 225-issue Nikkei Stock Average ended down 1,241.48 points, or 2.58 percent, from Friday at 46,847.32. The broader Topix index finished 63.60 points, or 1.99 percent, lower at 3,133.99. Japanese financial markets were closed Monday for a public holiday.On the top-tier Prime Market, the main decliners were electric appl…READ FULL ARTICLE