Nikkei jumps 2.4pc on weak yen; financials, exporters lead
brecorder.com -- Feb 12
Japan's Nikkei share average climbed 2.4 percent on Tuesday, boosted by financials and exporters as the yen weakened after a US Treasury official voiced support for Japan's aggressive policies to combat deflation and bolster growth.
The index rose to 11,422.77, within reach of a 33-month high of 11,498.42 struck last Wednesday. The benchmark has risen nearly one-third since mid-November.
The securities sector, which jumped 5.3 percent, was the best sectoral gainer on the main board, with Nomura Holdings soaring 5.9 percent and Daiwa Securities Group jumping 4.8 percent.
A collection of materials related to a 17th century mission sent by a Japanese feudal lord to Europe and the world's oldest autographic diary left 10 centuries ago by a Japanese regent have been selected for the UNESCO Memory of the World registry, the Japanese education ministry said Wednesday. (Global Post )
Almost 1,500 people were transported to hospitals by ambulance due to heatstroke last week, up sharply from 942 in the preceding week, the Fire and Disaster Management Agency said Tuesday. (Japan Times )
Among about 200,000 traffic signals nationwide, 16 percent are being used beyond the end of the expected lifetime of their electrical systems and some have even toppled over due to age, according to the National Police Agency. (Yomiuri )
In May, Akira Ikoma, the editor of a guide to men's entertainment called Ore no Tabi (My Journey), said that "Abenomics" had caused a spike in prices at high-end soapland bathhouses in Tokyo. However, the same editor tells Shukan Post (June 28) that the initiative is not impacting the low-end market in the same way. (Tokyo Reporter )
Tokyo District Court decided on Monday to open planned examinations of three witnesses who are former senior members of the Aum Shinrikyo doomsday cult and now death-row inmates, during an upcoming trial of another former senior Aum member. (Jiji Press )