Japan's Nikkei stock markets opened lower, depressed by worries about the global economic slowdown. A decline in the price of crude oil and other commodities are also considered as a signal of slowing growth in the future. Japan's Nikkei 225 opened down to the lowest level since July 28. Oil stocks in Japan beaten down; JX Holdings and Inpex dropped more than 2%, while Showa Shell Sekiyu fell 1.5%. Shares of blue-chip exporters also opened lower, as the yen strengthened against the dollar after the release of the depressed minuts Federal Reserve meeting. Toshiba and Sony each fell by 1.9%, while Canon and Toyota Motor fell 1.5% and 1% respectively.
Softbank shares led the gains in the early session, rose as much as 3.5%, after news that Nikesh Arora - persons nominated by the chief and CEO Masayoshi Son to replace it, buy the company's shares worth 60 billion yen (483 million dollars). Arora, a former Google executive, making investments voluntarily and in his personal capacity, according to SoftBank.
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