Japan

Tokyo stocks fall more than 2 per cent on weak economic data

Tokyo stocksTokyo - Tokyo stocks lost more than 2 per cent Wednesday on the nation's weak gross domestic product data and overnight falls in the US market.

The Nikkei 225 Stock Average plunged 297.02 points, or 2.23 per cent, to 13,006.58.

The broader Topix index of all first-section issues also fell 26.46 points, or 2.08 per cent, at 1,244.96.

The Japanese government reported Wednesday that the nation's economy showed the first fall in four quarters.

Japan's gross domestic product (GDP) in the April-June quarter shrank 0.6 per cent from the previous quarter.

Tokyo stocks open lower on profit-taking

Tokyo stocks open lower on profit-takingTokyo - Tokyo stocks opened lower Tuesday as investors sold shares to lock in profits from the previous day's gains.

The Nikkei 225 Stock Average, which ended nearly 2 per cent higher Monday, was down 0.71 per cent in morning trading, or 95.04 points, to 13,335.87.

The broader Topix index of all first-section issues was also down 2.34 points, or 0.18 per cent, at 1,277.66.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 110.11-13 yen, up from Monday's 5 pm quote of 109.83-85 yen.

US to postpone removal of North Korea from blacklist, minister says

Tokyo  - US Secretary of State Condoleezza Rice said Monday the United States would postpone removal of North Korea from a list of state sponsors of terrorism, Japanese media reports said Monday.

Rice apparently confirmed with Japanese Foreign Minister Masahiko Komura on the phone that North Korea remains on the list as of Monday.

"I asked if it is correct to understand that the delisting will not take place today because not only has the verification process (of North Korea's nuclear activities) not begun, but the regime and details on how to implement have not been set, and she said yes that would be correct," Komura was quoted as saying.

"It was as we expected," Komura added.

Stocks open higher on Wall Street's rises, weak yen

Stocks open higher on Wall Street's rises, weak yenTokyo  - Stocks opened higher Monday in Tokyo on mainly export-oriented issues on the back of a weak yen and Wall Street's gains before the weekend.

The Nikkei 225 Stock Average soared 225.96 points, or 1.72 per cent, to 13,394.37.

The broader Topix index of all first-section issues was also up 16.31 points, or 1.29 per cent, at 1,276.24.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 109.65-70 yen, down from Friday's 5 pm quote of 109.84-85 yen.

Japanese baby born to Indian surrogate mother gets birth document

Japanese-babyNew Delhi  - Indian authorities have issued a birth certificate to a Japanese baby born to an Indian surrogate mother, easing the way for her Japanese father to take her home, news reports said Saturday.

The certificate was issued by the municipal authorities in Anand town of western Gujarat state, where 16-day-old Manji was born, in the name of her father biological Ikufumi Yamada, IANS news agency reported.

Manji, who was shifted to a hospital in another Indian town, Jaipur, days after she was born, is at the centre of a legal wrangle as India does not have any surrogacy laws.

Japan commemorates 63rd anniversary of A-bomb in Nagasaki

Japan commemorates 63rd anniversary of A-bomb in NagasakiTokyo - Some 5,400 people gathered at Peace Park in southern Japanese city of Nagasaki Saturday to commemorate the 63rd anniversary of 1945 atomic bombing.

Nagasaki Mayor Tomihisa Taue called on the world's leaders to abandon nuclear weapons.

As a nation once devastated by nuclear weapons, "Japan has a mission and a responsibility to take initiative in eradicating nuclear weapons," Taue said.

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