Tokyo stocks close up 1.28pc, Nikkei 225 index closed up 133.88 points
News On Japan via brecorder.com -- Jan 24
The benchmark Nikkei 225 index closed up 133.88 points to 10,620.87, while the broader Topix index of all first-section shares was up 1.11 percent, or 9.83 points, at 897.62.
Tokyo reported a record $78 billion trade deficit for 2012 as exports were hit by weak demand in debt-hit Europe and a bitter diplomatic spat with its biggest trade partner China, which sparked a consumer boycott.
The gloomy numbers spell more bad news for the world's third-largest economy, as it struggles to cement a recovery after the 2011 quake-tsunami disasters and subsequent nuclear crisis at Fukushima.
They also underscore the size of the task ahead for the new government of Prime Minister Shinzo Abe who campaigned on a pledge to turn around Japan's fortunes with big public spending and by pressuring the Bank of Japan for more aggressive monetary policy.
Singaporean chef Li Kwok Wing has trumped nine other chefs from around the world to clinch the gold medal in the finals of the inaugural Washoku World Challenge held in Tokyo on Sunday. (Straits Times )
Tokyo Metropolitan Police in November announced the bust of a studio for allowing photography of school girls in seductive poses. According to Shukan Jitsuwa (Dec. 19), the trade in illicit private photography is varied, with office ladies among those in the biz. (Tokyo Reporter)
Kanagawa prefectural police said Friday they have arrested four individuals in Ebina, in connection with a robbery case in which a pregnant woman on her way home was struck in the face and robbed of approximately 100,000 yen in cash. (Japan Today )