Tokyo SE halts trading as system folds

The reputation of the Tokyo Stock Exchange, the world's second largest by market capitalisation after New York, took a dent on Wednesday 18 January when it was forced to close 20 minutes early because its trading system was on the verge of collapsing.

Traders said the TSE system strained on Wednesday to cope with a surge in sell orders due to an investigation into alleged illegality at Livedoor, the internet company, disappointing results from US electronics companies Intel and Yahoo, a rise i

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