TOKYO -- Japan's Government Pension Investment Fund on Friday posted a July-September loss of 9.18 trillion yen ($60.1 billion), hurt by the yen's sharp appreciation and a stock market downturn in August.
Finance
Japan pension giant GPIF takes $60bn hit on strong yen, stock slump
Public fund's July-September loss is steepest since 2020
Three of GPIF's four main asset classes ended the quarter in the red. (Photo by Nikkei)
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