Japan suffers biggest fall since November on Cyprus woes

Japan's Nikkei index experienced its biggest fall since November as concerns about Cyprus and the eurozone continued to batter markets.

The index dropped 2.35% overnight to 12,339 points, erasing gains made earlier in the week, as investors take profits on the Cyprus woes. Markets elsewhere were also dragged down by eurozone concerns and weaker than expected manufacturing data from Europe. The FTSE 100 saw its longest losing streak in ten months, dropping another 0.69% to 6,389 on Thursday, which marked a five-day decline. European indices also continued on a downward trajectory, as the Euro Stoxx 50 gave up another 0.92% to 2,683. Concerns over Cyprus weighed on global investor confidence, as the island's stock...