Japan

Tokyo market opens higher on weaker yen, optimism over US economy

Tokyo market opens higher on weaker yen, optimism over US economy Tokyo  - The Tokyo market opened higher Monday as investors bought mostly export-oriented issues on a weaker yen, despite a rocket launched by North Korea the previous day.

The benchmark Nikkei 225 Stock Average index advanced 200.1 points, or 2.29 per cent, to 8,949.94.

The broader Topix index of all first-section issues was up 12.49 points, or 1.5 per cent, to 843.85.

Japan requests emergency Security Council session

Japan requests emergency Security Council sessionWashington

Japan denies reports of North Korean rocket launch

Japan denies reports of North Korean rocket launch Tokyo - North Korea has not gone ahead with a planned rocket launch yet, the Japanese government said Saturday, correcting earlier reports of a launch.

Initial information about a launch had proved erroneous, Japan's NHK television said, quoting government sources.

Japan retracted the warning about five minutes after it initially sent out the news at 12:30 (0330 GMT).

North Korea has completed preparations for what it calls a communications satellite to be launched "soon," Pyongyang's official Korean Central News Agency said.

Tokyo stocks gain ground after G20 meet

Tokyo stocks gain ground after G20 meetTokyo  - Tokyo stocks extended the week's positive trend Friday as hopes for a global recovery rose after the London Group of 20 summit of influential world leaders.

The benchmark Nikkei 225 Stock Average index was up 49.94 points, or 0.57 per cent, to 8,769.72 by mid-trading.

The broader Topix index of all first-section issues also rose 7.29 points, or 0.88 per cent, to 833.98.

Investors were encouraged by the reassurances of the G20 leaders to pull out all stops to kick-start the slowing global economy.

Tokyo-based collector donates Japanese art to Berlin

Tokyo-based collector donates Japanese art to Berlin Berlin - Dignitaries gathered Thursday evening in Berlin for the formal handover of a valuable collection of traditional Japanese art to the German capital's Museum of Asian Art.

Berlin-born collector Klaus F Naumann, who lives in Tokyo, has agreed to donate 100 paintings and ceramic art items dating from the 6th to the 19th centuries to the museum, which has been exhibiting them as loans since 2000.

In addition, he is selling the museum 55 East Asian lacquerware items from his collection.

Asian stocks jump on unexpected good economic news from US

Asian stocks jump on unexpected good economic news from USTokyo  - Stocks across the Asia-Pacific surged Thursday after Wall Street saw strong overnight gains on better-than-expected data from the US housing, manufacturing and auto sectors, suggesting the global recession could be moderating.

In Japan, the region's largest economy, the benchmark Nikkei 225 Stock Average jumped 4.4 per cent to close at 8,719.78 while the broader Topix index of all first-section issues advanced 4.14 per cent to 826.69.

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