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Tokyo stocks open higher on Wall Street gains

Tokyo stocks open higher on Wall Street gainsTokyo - Japanese shares were slightly higher Thursday following gains on Wall Street overnight.

The Nikkei 225 Stock Average added 7.04 points, or 0.05 per cent, to 12,760.00.

The broader Topix index of all first-section issues was also up 3.28 points, or 0.27 per cent, at 1,220.41.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 109.40-45 yen, up from Wednesday's 5 pm quote of 109.01-02 yen.

Toyota to lower 2009 sales prognosis

Toyota to lower 2009 sales prognosisTokyo - Toyota Motor Corp, Japan's leading carmaker, expects to sell fewer cars in 2009, owing to weak demand from North America, a Japanese news agency said Wednesday.

Toyota on Thursday was to lower its global sales prognosis from 10.4 million units to 9.7 million units for next year, Jiji Press reported, citing informed sources.

Mitsubishi Electric to triple solar cell production, report says

Mitsubishi ElectricTokyo - Japan's Mitsubishi Electric plans to triple its production capacity for high-efficiency solar cells by 2012, investing over 10 billion yen (91 million dollars), the economic daily Nikkei reported Wednesday.

The electronics company was responding to growing demand for renewable energy, triggered by high oil prices and concern over global warming.

Tokyo stocks open lower on mixed Wall Street session

Tokyo Stock ExchangeTokyo - Japanese shares were slightly lower in thin trading Wednesday following mixed trading on Wall Street overnight.

The Nikkei 225 Stock Average lost 14.70 points, or 0.12 per cent, to 12,764.01.

The broader Topix index of all first-section issues was also down 3.54 points, or 0.29 per cent, at 1,225.81.

The Tokyo players sold issues mainly in consumer finance, retail and the banking sector.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 109.55-58 yen, down from Tuesday's 5 pm quote of 109.82-83 yen.

Japan's truckers demand government relief from high fuel prices

Japan's truckers demand government relief from high fuel prices Tokyo- More than 20,000 truck drivers and some 2,300 trucks took to the streets across Japan Tuesday to demand countermeasures to survive high fuel prices.

The Japan Trucking Association, which represents about 51,000 trucking companies, demanded the government introduce tax cuts on diesel oil and fuel surcharge system as well as reduction of freeway toll fees.

The nation's trucking industry, which is made up of small-to- medium-size firms, is threatened unless appropriate measures are taken, the association said in a statement.

Tokyo stocks open lower on Wall Street's overnight falls

Tokyo Stock ExchangeTokyo - Tokyo stocks opened lower Tuesday after the US market fell overnight.

The Nikkei 225 Stock Average lost 169.14 points, or 1.31 per cent, to 12,709.52.

The broader Topix index of all first-section issues was also down 21.21 points, or 1.71 per cent, at 1,218.04.

The Tokyo players sold issues mainly in consumer finance, retail and the banking sector.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 109.30-35 yen, down from Monday's 5 pm quote of 109.96-97 yen.

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