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The Tokyo Stock Exchange postponed trading Wednesday afternoon. It happens following a stampede of sells orders sparked by an investigation into Internet company Livedoor. The amount of transactions reached four million, threatening to exceed the stock exchange's computer capacity and motivating the decision to close. Earlier in the day, the hastily convened press conference took place. TSE President Taizo Nishimuro said, that the recent spike in orders is abnormal. The panic selling started after allegations surfaced about inflated earnings results by Internet leader Livedoor Co. The company's headquarters and its top executives were decided on Monday, that the firm had spread false corporate buyout information.
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