Japan

Nikkei recovers to 9,000 level

Nikkei recovers to 9,000 levelTokyo - Tokyo stocks ended Tuesday trading higher with the benchmark Nikkei index rising above 9,000 level as the market confidence was regained on a series of economic stimulus packages and the Asian stock market's advance the previous day.

The Nikkei 225 Stock Average surged 537.62 points, or 6.27 per cent, to close at 9,114.6. The index had lost 5 per cent Friday. The Tokyo market was closed Monday for a national holiday.

The broader Topix index of all first-section issues also gained 43.58 points, or 5.02 per cent, to 910.7.

Nikkei soars more than 3 per cent

Nikkei soars more than 3 per centTokyo - Tokyo stocks ended morning trading higher Tuesday as investor confidence was regained on a series of economic stimulus packages and the Asian stock market's advance the previous day.

The benchmark Nikkei 225 Stock Average rose 320.89 points, or 3.74 per cent, to 8,897.87. The index had lost 5 per cent Friday. The Tokyo market was closed Monday for a national holiday.

The broader Topix index of all first-section issues gained 28.83 points, or 3.19 per cent, to 895.95.

Nikkei soars more than 3 per cent

Japanese surrogate baby leaves for Japan from Jaipur today

Japanese grandmother files papers for migration of surrogate babyJaipur, Nov 1 : The local guardians of Japanese surrogate baby ''Manjhi'' today bid adieu to the child and her 74-year old grandmother Emiko Yamada, who would be leaving for Japan tonight.

Manjhi and Yamada left from Jaipur in the afternoon for New Delhi from where they''ll board an Air India flight to Japan with a one-year visa, which would be renewed later.

Fujitsu acquires Siemens' stake in computing joint venture

Fujitsu acquires Siemens' stake in computing joint venture Tokyo  - Japanese electronics concern Fujitsu is to take over full control of the Fujitsu Siemens Computers joint venture, according to Japanese media reports on Saturday.

Fujitsu and Munich-based Siemens AG had owned 50 per cent each of the computing firm, which was established in 1999.

Fujitsu is to make Siemens' share of the firm its own subsidiary, according to well-informed sources speaking to the Japanese business paper Nikkei.

Panasonic seeks to acquire Sanyo

Panasonic CorpTokyo - Japan's Panasonic Corp is considering buying troubled Sanyo Electric Co to become the nation's largest electronics manufacturer, news reports said Saturday.

Panasonic wants to begin negotiations with the three top shareholders of its domestic competitor as early as this month, the Nikkei business daily reported.

Should the negotiations be successful it would be the first merger between two large Japanese electronics companies.

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