Tokyo shares end up in major reversal as dollar rebounds
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.

Oct 31
The operator of the disaster-hit Fukushima Daiichi nuclear plant on Friday tentatively removed part of the cover shrouding the No.1 reactor building installed in the wake of the 2011 disaster to keep radioactive materials from dispersing. (Kyodo)
Oct 31
Police in Tokyo have arrested a 39-year-old member of the Air Self-Defense Force on a charge of attempted murder after he pushed a man onto the train tracks at JR Okubo Station in Shinjuku Ward. (Japan Today)
Oct 31
The Tokyo metropolitan government on Friday reopened all of Yoyogi Park, 57 days after dengue-carrying mosquitoes were found there. (Japan Today)
Oct 31
The Japanese government has drafted a new space development policy that will enhance its ability to provide security. The plan includes increasing the number of intelligence-gathering satellites. (NHK)
Oct 31
A 63-year-old man who died in Waikiki Saturday has been identified as a deputy mayor from Japan. (khon2.com)
Oct 31
Until only recently, Japan never celebrated Halloween. And why would it? The nation honors the spirits of its ancestors in August, during the ancient Buddhist festival of O-bon, when ancestral spirits are said to revisit the family altars -and when reported encounters with ghosts and spirits reach a fevered peak. (marketwatch.com)
Oct 31
A 41-year-old man, who was arrested in August for abusing his 14-year-old stepson, has also been charged with coercing the boy to commit suicide. (Japan Today)
Oct 30
Tokyo Metropolitan Police on Thursday announced the bust of a risque bar in Machida City for licensing violations, reports Jiji Press (Oct. 30). (Tokyo Reporter)
Oct 30
Police in Komae City, Tokyo, on Thursday questioned the owner of a beauty salon over the murder of the salon manager whose body was found on the premises. (Japan Today)
Oct 30
A 25-year-old man who works as a host at a club in Tokyo's Kabukicho district has been arrested for trying to extort 3 million yen from his girlfriend by threatening her. (Japan Today)
Oct 30
Japan's Crown Princess Masako attended a banquet for visiting Dutch royals on Wednesday in her first such appearance since developing a stress-related illness more than a decade ago. (abcnews.go.com)
Oct 30
In spite of a recent fall in organized crime membership, Fukuoka Prefectural Police on Monday released a manga comic to discourage participation in yakuza gangs, reports the Nishi Nippon Shimbun (Oct. 27). (Tokyo Reporter)
Oct 29
Japan's Crown Princess Masako on Wednesday is attending a banquet at the Imperial Palace for the first time in 11 years. (NHK)
Oct 29
Three types of Japanese-style paper, or "washi," are to be added to UNESCO's list of intangible cultural heritage. (NHK)
Oct 28
Parts of Hokkaido experienced the first snowfall of the season on Tuesday morning. (Japan Today)