• Kyodo

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Stocks in Tokyo posted steep losses Thursday as the Bank of Japan decided not to step up monetary easing, darkening investor sentiment already alarmed by weak U.S. gross domestic product data.

The 225-issue Nikkei Stock Average lost 538.94 points, or 2.69 percent, from Tuesday to close at 19,520.01, its biggest one-day loss since Feb. 4, 2014.

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