Tokyo

Smoke at Japan nuclear plant but no leakage

Tokyo - A solid waste disposal facility was Friday emitting smoke at a nuclear power station in Tokai, Ibaraki province, but no radioactive leakage, injuries or environmental damage have been repor

Japan's Nikkei closes at five-year low

Japan's Nikkei closes at five-year lowTokyo - Japan's benchmark Nikkei 225 Stock Average gave up early gains Thursday to end at a five-year low as concerns lingered over the global financial crisis.

The key Nikkei index fell 45.83 points, or 0.5 per cent, to close at 9,157.49.

But the broader Topix index of all first-section issues went up 6.1 points, or 0.68 per cent, to 905.11, a day after nine central banks lowered interest rates.

The Bank of Japan injected a record 4 trillion yen (39.8 billion dollars) into the money markets Thursday amid escalating concerns over the financial crisis.

Bank of Japan pumps record 40 billion dollars into market

Bank of JapanTokyo - The Bank of Japan injected a record 4 trillion yen (39.8 billion dollars) into the money markets Thursday amid escalating concerns over the global financial crisis.

The nation's central bank carried out the emergency measure for the 17th consecutive business day to free up credit and stabilize the markets.

Prime Minister Taro Aso called for new measures to be implemented and said he instructed the ruling coalition of his Liberal Democratic Party (LDP) and the New Komeito party to draw up additional pump-priming measures.

Tokyo market continues dive despite coordinated rate cuts

Tokyo market continues dive despite coordinated rate cuts

Toyota's shares plunge on earnings worries

Toyota, Matsushita to hike production of batteries for hybrid carsTokyo - Shares of Toyota Motor Corporation fell sharply Wednesday after a report that Japan's leading carmaker will cut its earning forecast by 40 per cent owing to shrinking demand triggered by the global financial crisis.

Citing informed sources, the Japanese business daily Nikkei reported that Toyota has to adjust its profit forecast downwards by 40 per cent for the current business year, ending March 31.

Asia-Pacific markets fall sharply on worldwide recession gloom

Asia-Pacific markets fall sharply on worldwide recession gloomTokyo - Stock markets throughout Asia and the Pacific fell sharply Wednesday in response to Wall Street's plunge and mounting fears over a worldwide recession.

Japan's benchmark Nikkei 225 Stock Average nosedived to its lowest closing level since June 2003, with losses amounting to the third biggest one-day drop in post-war Japan.

The Nikkei plunged 952.58 points, or 9.38 per cent, to end at 9,203.32.

The broader Topix index of all first-section issues fell 78.6 points, or 8.04 per cent, to 899.01.

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