Tokyo

Tokyo's markets shed value

Tokyo's markets shed valueTokyo - Japan's markets shed value Monday morn

Tokyo stocks gain despite industry output drop

Tokyo stocks gain despite industry output dropTokyo  - Stocks in Tokyo gained ground Friday despite a government report saying industry output recorded its sharpest fall in history.

The benchmark Nikkei 225 Stock Average was up 96.27 points, or 1.12 per cent to 8,695.77 by mid-trading.

The broader Topix index of all first-section issues rose 5.45 points, or 0.65 per cent, to 841.47.

Japan industry production plummets, jobless numbers rise

Japan industry production plummets, jobless numbers riseTokyo  - Japan's industry output suffered a record fall in November, as unemployment numbers rise and slowing inflation rates raised deflation fears, officials said Friday.

The Minstry for Economy, Trade and Industry said production dropped by 8.1 per cent compared to the previous month, the largest drop on record since 1953, as foreign demand in cars or electronic goods plunged, dealing a heavy blow to Japan's export-oriented industry.

Tokyo stocks weak on Toyota loss forecast

Tokyo  - Stocks in Tokyo closed lower Wednesday, after Toyota Motor Corp, Japan's largest automaker, projected its first operating loss in 71 years for the current business year.

Following a slump on Wall Street which was dragged down by falling US home prices, the benchmark Nikkei 225 Stock Average was down 206.68 points, or 2.37 per cent to 8,517.1.

The broader Topix index of all first-section issues fell 21.74 points, or 2.56 per cent, to 826.99.

Toyota said Monday it expected an operating loss for the business year through March 31. Stock markets in Tokyo were closed for a public holiday on Tuesday.

Kitchen Robot Invented That Can Easily Load Dishwasher

Kitchen Robot Invented That Can Easily Load DishwasherIt will definitely be a relief for some housewives who don't want to perform the undesirable kitchen chores. Now a robot has been developed that can not only wash the dishes in the sink, but also place them neatly in the dishwasher and then switch the start button. The scientists from the university of Tokyo and electronics company Panasonic created the kitchen assistant robot (KAR).

Tokyo stocks up on US car rescue plan

Tokyo stocks up on US car rescue planTokyo  - Stocks in Tokyo opened stronger on Monday after the United States announced to guarantee emergency loans to ailing US automakers.

Buoyed also by a weaker yen, the benchmark Nikkei 225 Stock Average was up 121.9 points, or 1.42 per cent, to 8,710.42.

The broader Topix index of all first-section issues climbed by 12.77 points, 0r 1.53 per cent, to 847.2.

On Friday, US President George W Bush agreed to a 17.4-billion- dollar emergency loan to keep the iconic US car industry alive, granting General Motors Corp and Chrysler LLC a breathing space until March 31.

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