Nikkei flat Japan's benchmark index reversed
earlier losses to hover along the flatline as investors concentrated on
first-quarter earnings results from heavyweights Canon and Fanuc, due later in
the day. Sony lost over 1 percent on media reports that former executives
accused CEO Kazuo Hirai last week of diminishing the company's creativity. This
offset news from the Nikkei daily that Sony is expecting an operating profit of
300 billion yen next fiscal period, which would mark its best performance since
2008.
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