Tokyo

Thailand seeks investment, tourism from Japan as stability restored

Abhisit VejjajivaTokyo - Visiting Thai Prime Minister Abhisit Vejjajiva on Friday invited Japan to seek new investment opportunities in Thailand's industrial and agricultural sectors now that the political situation in the country has returned to normalcy.

Calling Japan "the most important trade and investment partner and important origin of tourists for Thailand," Abhisit said at a Tokyo press conference that he chose Japan as his first destination for an official visit since he assumed office on December 15.

Toyota lowers earnings forecast, predicts net loss

Toyota lowers earnings forecast, predicts net loss Tokyo

Japan Airline suffers quarterly net loss of 428 million dollars

Japan Airline suffers quarterly net loss of 428 million dollars

Japan's foreign reserves down 19 billion dollars in January

Tokyo  - Japan's foreign reserves dropped 19.69 billion dollars in January from the month before but remained above 1 trillion dollars, the Finance Ministry said Friday.

The reserves fell to 1.01 trillion dollars at the end of January because of declines in US Treasury bond prices and the appraisal value of Japan's euro-dominated assets, the ministry said.

Japan's foreign reserves down 19 billion dollars in January Japan had 890.77 billion dollars in foreign securities as of January 31, down from 908.02 billion dollars a month earlier.

Tokyo stocks open higher on Wall Street gains, weaker yen

Tokyo stocks open higher on Wall Street gains, weaker yen Tokyo  - Stocks bounced back Friday in Tokyo after the yen weakened against the dollar and the US market rose overnight because of its government's measures to help the financial sector.

The benchmark Nikkei 225 Stock Average, which fell below 8,000 Thursday, rose 199.69 points in morning trading, or 2.51 per cent, to 8,149.34.

The broader Topix index of all first section issues was also up 11.07 points, or 1.41 per cent, at 797.48.

Tokyo stocks down on profit-taking

Tokyo stocks down on profit-takingTokyo - Tokyo stocks ended lower Thursday as investors sold shares to lock in profits from the previous day's gains amid spreading concerns about the Japanese economy.

The benchmark Nikkei 225 Stock Average dipped 89.29 points, or 1.11 per cent, to close at 7,949.65. The index had snapped a three-day losing streak Wednesday, rising more than 2 per cent to close above 8,000.

But market sentiment was dampened Thursday after a series of sluggish corporate earnings reports and by the economic outlook at home and abroad.

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