Tokyo - Tokyo stocks opened lower Thursday as investors sold stocks to lock in profits amid uncertainties over the fate of the US government's financial bailout plan.
The benchmark Nikkei 225 Stock Average declined 103.72 points in morning trading, or 0.86 per cent, to 12,011.31.
The broader Topix index of all first-section issues was also down 10.52 points, or 0.9 per cent, at 1,157.45.
Tokyo players sold a wide range of issues amid concern about when the US Congress would pass a government plan to bail out distressed financial institutions.
Tokyo - Japan's central bank on Wednesday pumped 1.5 trillion yen (14.22 billion dollars) into money markets, the sixth-straight business day that it had injected money into the economy in the wake of the US banking crisis.
The Bank of Japan's total now comes to 14 trillion yen after it agreed with five other central banks last week to work together to help stem a liquidity crisis that threatens the world economy.
Tokyo - Tokyo stocks fell Wednesday as concerns over US financial markets grew after overnight falls on Wall Street and opposition from some US lawmakers to a bailout plan for the US financial industry.
The benchmark Nikkei 225 Stock Average dropped 140.19 points, or 1.16 per cent, to 11,950.4.
The broader Topix index of all first-section issues was also down 15.04 points, or 1.29 per cent, to 1,153.65.
The Bank of Japan on Wednesday injected 1.5 trillion yen (14.22 billion dollars) into the money markets to help free up credit in the wake of the US banking crisis.
Tokyo - Japan's largest brokerage Nomura is gearing up to acquire the European business operations of bankrupt US investment bank Lehman Brothers, the Kyodo news agency reported Tuesday.
Citing informed sources, Kyodo said Nomura Holdings was in the final stages of negotiations for the acquisition.
The report comes a day after Nomura announced it was acquiring Lehman Brothers' operations in Asia, with Kyodo putting the value of the deal at over 20 billion yen (190 million dollars).
Tokyo - Tokyo stocks opened lower Thursday as investors sold stocks to lock in profits amid uncertainties over the fate of the US government's financial bailout plan.
Tokyo - Japan's central bank on Wednesday pumped 1.5 trillion yen (14.22 billion dollars) into money markets, the sixth-straight business day that it had injected money into the economy in the wake of the US banking crisis.
Tokyo - Tokyo stocks fell Wednesday as concerns over US financial markets grew after overnight falls on Wall Street and opposition from some US lawmakers to a bailout plan for the US financial industry.
Tokyo - Japan's largest brokerage Nomura is gearing up to acquire the European business operations of bankrupt US investment bank Lehman Brothers, the Kyodo news agency reported Tuesday.
