Tokyo - Tokyo stocks bounced back in morning trading Friday as the Wall Street surged overnight on news about the US government's plan to create an entity to dispose of bad loans.
The benchmark Nikkei 225 Stock Average surged 378.9 points, or 3.3 per cent, to 11,868.2.
The broader Topix index of all first-section issues also rose 42.44 points, or 3.87 per cent, to 1,140.12.
Tokyo- Asia-Pacific stocks on Thursday mirrored the overnight plunges on Wall Street as credit dried up and fears rose that more financial companies would fail.
The biggest drops in the region were seen in Hong Kong, whose benchmark Hang Seng Index fell as much as 7.38 per cent before recovering; the Philippines at 4.25 per cent; and Thailand, which regained some ground after suffering losses of more than 5 per cent during the trading day.
The rebounds were seen after six central banks agreed to pump billions of dollars of extra credit into financial markets amid fears that this week's crisis was drying up liquidity.
Dusseldorf - Sales of Japanese-brand cars have slumped nearly 7 per cent this year, the Japan Automobile Manufacturers Association (JAMA) said on Thursday from its German office in Dusseldorf.
The manufacturers have been hit by both consumer worries and a decline in market share that reduced JAMA companies' stake to 10.9 per cent.
Sales in the eight months from January to August were just under 229,500, down 6.7 per cent from the corresponding months of 2007.
Tokyo - Asia-Pacific stocks on Thursday mirrored the overnight plunges on Wall Street as credit dried up and fears rose that more financial companies would fail.
The biggest drops in the region were seen in Hong Kong, whose benchmark Hang Seng Index fell as much as 7.38 per cent before recovering; the Philippines at 4.25 per cent; and Thailand, which regained some ground after suffering losses of more than 5 per cent during the trading day.
Tokyo - The Bank of Japan (BOJ) injected 1.5 trillion yen (14.3 billion dollars) into the money market Thursday to stabilize the markets affected by the fallout from the collapse of US investment bank Lehman Brothers earlier this week.
Japan's central bank moved on its emergency operation for the third day.
BOJ pumped 5.5 trillion yen into the markets over the last two days, while banks said potential losses from the collapse were relatively small as they had limited their exposure.
Tokyo - Tokyo stocks bounced back in morning trading Friday as the Wall Street surged overnight on news about the US government's plan to create an entity to dispose of bad loans.
Tokyo- Asia-Pacific stocks on Thursday mirrored the overnight plunges on Wall Street as credit dried up and fears rose that more financial companies would fail.
Dusseldorf - Sales of Japanese-brand cars have slumped nearly 7 per cent this year, the Japan Automobile Manufacturers Association (JAMA) said on Thursday from its German office in Dusseldorf.
Tokyo - Asia-Pacific stocks on Thursday mirrored the overnight plunges on Wall Street as credit dried up and fears rose that more financial companies would fail.
Tokyo - The Bank of Japan (BOJ) injected 1.5 trillion yen (14.3 billion dollars) into the money market Thursday to stabilize the markets affected by the fallout from the collapse of US investment bank Lehman Brothers earlier this week.
