TOKYO -- Japanese stocks led losses in Asia during intraday trading Tuesday, but closed only modestly lower, following Wall Street's market sell-off overnight amid worries about the possibility of a U.S. recession.
Yen rises to highest point since October on safe-haven flows

Tokyo stocks were down sharply on Mar. 11 in the morning as investors grow wary of a possible U.S. recession. The Nikkei average closed down 0.6%. (Photo by Yutaka Miyaguchi)
TOKYO -- Japanese stocks led losses in Asia during intraday trading Tuesday, but closed only modestly lower, following Wall Street's market sell-off overnight amid worries about the possibility of a U.S. recession.