TOKYO: Tokyo stocks opened lower on Monday as worries lingered over Ukraine tensions and US rate-hike plans.
The benchmark Nikkei 225 index was down 1.39 percent or 378.09 points at 26,743.98, while the broader Topix index slipped 1.24 percent or 23.93 points to 1,900.38.
"In addition to intensifying tensions over Ukraine, investors are worried about uncertainties around US monetary policy," Okasan Online Securities said.
The dollar fetched 114.93 yen in early Asian trade, against 115.03 yen in New York late Friday.
Tokyo shares open lower on Ukraine, Wall Street selloff
In Tokyo, Sharp nosedived 11.35 percent to 1,165 yen after the company said it was starting talks to reacquire its LCD screen venture Sakai Display Products, a move seen by investors as amplifying risks.
SoftBank Group was down 1.58 percent at 5,102 yen after Intel's CEO Pat Gelsinger reportedly said the US tech giant would be interested in participating if a consortium were to take over the British microchip powerhouse Arm.
Investment behemoth SoftBank Group said earlier this month that its sale of Arm to Nvidia had collapsed over competition concerns.
A separate report over the weekend said SoftBank Group had urged a US judge to block Credit Suisse Group AG from conducting a "fishing expedition" in a simmering dispute over the collapse of Greensill Capital.
Shipping firm Mitsui O.S.K. Lines dropped 3.72 percent to 9,050 yen after one of the ships it operated -- carrying thousands of vehicles, including German luxury cars -- caught fire on Wednesday in the Atlantic, with all crew members evacuated safely.
Among others, Sony Group was down 2.69 percent at 11,750 yen, Honda was off 1.52 percent at 3,631 yen and Toyota was down 1.74 percent at 2,146 yen.
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