x was trading 7.4% lower.That has knocked more than $150bn off the Nikkei's total market value http://www.mbtshoes4australia.com/ - MBT Shoes Australia .The Bank of Japan will inject 15 trillion yen ($183bn; £114bn) into the banking system to stabilise markets http://www.mbtuktoday.co.uk/ - clearance mbt shoes .Immediately after the quake, the central bank pledged to do its utmost to limit its impact, including providing liquidity to money and banking markets.The deadly quake and subsequent tsunami hit Japan just before the markets closed on Friday.The recent major earthquake is bound to exert downward pressure on Japanese equities as a whole over the near term, Nomura said in a note to investors.Elsewhere in the region, the main markets have also fallen on Monday, though the declines were smaller than those seen in Japan.South Korea's Kospi share index slid 0.9%. Singapore's STI index shed more than 0.4% and Taiwan's main index dropped 0.8%.Production troublesJapanese carmakers and electronics firms led the declines on Monday.Early trading was complicated because many sellers of shares struggled to find buyers. As a result, a number of stocks remained untraded once the markets had opened.Shares of Toyota Motors, the world's biggest automaker, fell 2.1% after it suspended operations at all of its 12 Japanese factories.The automaker said production will be halted till at least 16 March, reducing output by 40 http://www.mbtuktoday.co.uk/ - MBT shoes clearance ,000 vehicles.Japanese factories account for 38% of Toyota's overall production.Honda, Japan's third-largest automaker, fell 9.1%. The company makes about a quarter of all its cars in Japan.Electronics companies including Hitachi and Toshiba also dropped, shedding more than 15%.Japanese Economics Minister Kaoru Yosano was quoted by the Jiji news agency saying that he was keeping a close eye on the movement of Japan's currency, the yen, which has strengthened.Economists said that a stronger yen may make it harder for companies to sell their goods abroad, further hurting their earnings.
Japan and India have signed a free-trade agreement that will see tariffs on 94% of goods scrapped within a decade.94%India and Ja
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