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Japan-Update

Market Scramble: Leery investors lose faith in future prospects

Geopolitical risk casts doubt over earnings forecasts

TOKYO -- Cautious investors are navigating by the rearview mirror here, buying stocks associated with past profit rather than growth potential, as geopolitical risk clouds the road ahead.

Tensions surrounding North Korea and France's imminent presidential election had investors in wait-and-see mode as the Tokyo Stock Exchange's first section saw a year-to-date low trading value Monday.

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