Nikkei dives on Japan trade data

Tokyo's benchmark Nikkei share index has closed at the lowest level in more than 26 years after news that Japan logged its biggest-ever current account deficit, deepening fears about the health of Asia's biggest economy.
Monday's trade saw the Nikkei shed 1.2 per cent to end at 7,086.03, the lowest closing level since October 6, 1982 and more than 80 per cent off its all-time high of 38,915 reached in December 1989.