Japan

Tokyo stocks up after oil prices fall, US dollar rises

Tokyo Stock ExchangeTokyo - Tokyo stocks ended Friday morning trading slightly higher on a fall in US crude oil prices and the US dollar's advance against the yen.

The Nikkei 225 Stock Average inched up 13.37 points, or 0.1 per cent, to 12,970.17.

The broader Topix index of all first-section issues was slightly up 0.73 points, or 0.06 per cent, to 1,239.66.

While export-oriented issued were helped by a stronger dollar, gains were limited because of lingering concerns over the real-estate sector.

Tata Capital inks MoU with Mitsubishi UFJ Securities

Tata Capital inks MoU with Mitsubishi UFJ Securities

Tokyo stocks open lower on US market's decline

Tokyo Stock ExchangeTokyo - Tokyo stocks opened mod

Mitsubishi UFJ ties up with India's Tata Capital

Tokyo - Japan's brokerage house Mitsubishi UFJ Securities Company has linked up with India's leading financial firm, Tata Capital Ltd, Japanese media reports said Wednesday.

Japan's current account surplus down 67.4 per cent in June

Japanese CurrencyTokyo - Japan's current account surplus narrowed 67.4 per cent in June to 493.9 billion yen (4.5 billion dollars) from a year before, the Finance Ministry said Wednesday.

The nation's goods and services trade surplus plunged 99.8 per cent to 2 billion yen.

The goods trade surplus shrank 81.3 per cent to 252.1 billion yen.

The income surplus jumped 29.9 per cent to 593.4 billion yen.

The balance of services logged a deficit of 250.1 billion yen, down 23.1 per cent.

Japan's GDP down 0.6 per cent in April-June period

Japan EconomyTokyo - Japan's gross domestic product (GDP) in the April-June quarter shrank 0.6 per cent from the previous quarter, marking the first fall in four quarters, the government said Wednesday.

On an annualized basis, the nation's economy fell 2.4 per cent in real terms in the April-June period, compared to an average market expectation of an annualized 2.3-per-cent fall and a 0.6-per-cent quarterly fall.

Consumer spending, which accounts for more than half of Japan's GDP, dropped a real 0.5 per cent in the reporting quarter, compared to the January-March period.

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