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Trading continues despite quake

Japanese stocks tumbled and bonds rose in the aftermath of the huge earthquake to hit northeast Japan

The Tokyo Stock Exchange resorted to back-up systems to continue trading on Friday after an 8.9 magnitude earthquake rocked northern Japan.

Japan's Nikkei 225 fell 1.7% extending the declines seen earlier in the day from Middle East unrest and Spain's downgrade. The index ended at 10,254.43, the lowest close since January 31, with bonds rising as investors sought safe havens.

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