Nikkei ends at 2-week closing low

But the Nikkei pared earlier losses as Shanghai shares reversed an early fall,with some analysts also saying China8217;s move was beneficial for the Chinese economy in the long run.

The benchmark Nikkei lost 157.85 points,or 1.7 percent,to 9,381.60,its lowest close since Oct. 4. It fell as much as 2.3 percent at one stage.

The broader Topix declined 1.2 percent to 823.69.