Japanese stocks up on weaker yen
Tokyo, Dec 8 - Japanese shares rose in Wednesday morning trading, hitting a seven-month high as export-oriented issues were bolstered by a weaker yen.
The benchmark Nikkei 225 Stock Average gained 69.58 points, or 0.69 percent, to trade at 10,210.68 while the broader Topix index was up 4.2 points, or 0.48 percent, at 883.3.
Japan's core private-sector machinery orders declined a seasonally adjusted 1.4 percent in October from the previous month to 745.7 billion yen ($8.9 billion), the government said.
The orders, which exclude volatile ones such as those for ships and from electric utilities, were down for a second consecutive month, following a 10.1-percent fall in September.
On currency markets at 9 a. m. (0000 GMT), the dollar traded at 83.48-49 yen, up from Tuesday's 5 pm quote of 82.61-62 yen.
The euro traded at $1.3247-3250, down from $1.3335-3336 Tuesday, and at 110.60-62 yen, up from 110.16-20 yen. (IANS)