Nikkei cuts losses after new low as yen powers on

Newswire

(Adds stocks, details)

By Elaine Lies

TOKYO, Nov 22 (Reuters) - Japan's benchmark Nikkei pared losses on Thursday after hitting a new 16-month low on growing worries about the U.S. economy and an advancing yen, which hit exporters such as Toyota Motor Co .

The yen was near its highest level versus the dollar in more than two years after the greenback fell as low as 108.25 yen on ...

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