Tokyo stocks ended higher in volatile trading Friday as the fallout from Wall Street's overnight selloff was countered by a recovering dollar and bargain-hunting, resulting in a major intraday market reversal.
Volume was the highest in a week, prompting some participants to speculate that the market is showing signs of having bottomed following six major selloffs since May 23.
The Nikkei Stock Average closed up 215.55 points or 1.7% at 13,230.13, showing its widest intraday range--almost 628 points--since the 6.4% selloff on June 13.
For the week, the index added 4.3%, its first positive weekly gain in five weeks. Year-to-date, the Nikkei is up 27%.
The Topix index of all Tokyo Stock Exchange First Section issues also added 7.59 points, or 0.7%, to 1,099.40, with 22 of 33 subindexes ending in positive territory.
The strong finish was hardly foreseen by many at the open, as overnight U.S. shares' biggest-one day slide of the year triggered a sharp initial selloff.
But the Nikkei, which had posted a similar-sized loss the prior day, was bolstered by bargain-hunting and sharp recovery in the dollar.
The greenback briefly traded under Y97.00 intraday, but was seen changing hands at Y97.78 as of the TSE close at 0600 GMT.
Investigators have found 7.85 million passwords, credit card numbers and other pieces of stolen personal information on an Internet server seized last year from a Tokyo-based firm that provided proxy servers for Chinese users, Tokyo police said Friday. (Japan Times)
Time magazine has named two Japanese among its list of the world's 100 most influential people of 2015: novelist Haruki Murakami and Marie Kondo, an organizing consultant whose book introducing her art of tidying up became a best-seller. (NHK)
Central Japan Railway Co., or JR Tokai, said Thursday its magnetic levitation Shinkansen train achieved the world's fastest train speed of 590 kilometers per hour on a test line in central Japan. (Jiji Press)
Police in Tatebayashi, Gunma Prefecture, are investigating the murder of an 84-year-old woman whose body was found in the Tatara River on April 15. She had a plastic bag over her head and a scarf pulled tightly around her neck when she was found. (Japan Today)
A movie by Japanese director Hirokazu Kore-eda has been shortlisted in competition for best picture at the Cannes International Film Festival in France. Cannes is one of the world's 3 major film festivals. (NHK)
Police in Toride, Ibaraki Prefecture, said Thursday they are questioning a 36-year-old man over an incident on Wednesday morning in which a 47-year-old man was shot in the calf by an arrow from a crossbow as he was riding his bike home. (Japan Today)
The Tokyo Metropolitan Fire Department said Wednesday that its emergency 119 line was down for about four hours from 5 p.m. to 9 p.m. on Tuesday. It was the second time in two months that the 119 had been inaccessible. (Japan Today)