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.

Feb 11
The Yokohama District Court sentenced a 19-year-old youth on Wednesday to nine to 13 years in prison for murdering a 13-year-old boy in Kawasaki in February last year. (the-japan-news.com)
Feb 11
The government announced Wednesday that it will impose unilateral sanctions on North Korea, including a ban on entry by North Korean ships into Japan. (the-japan-news.com)
Feb 10
The nation's nuclear watchdog has put the kibosh on plans by Tokyo Electric Power Co. to start freezing underground soil at the crippled Fukushima No. 1 nuclear power plant--a stunningly expensive project intended to solve the crisis of accumulating radioactive groundwater at the site. (Asahi)
Feb 10
An LDP lawmaker who created a stir in conservative Japan by filing for paternity leave when his child was born now stands accused of flagrant double standards over an alleged extramarital relationship with a model. (Japan Times)
Feb 10
Japanese actor Ken Watanabe was diagnosed with an early-stage stomach cancer, his agent said Tuesday, adding the actor, who starred in a Broadway musical in 2015, has already undergone endoscopic surgery to remove it. (Kyodo)
Feb 10
Police in Tosu, Saga Prefecture, have arrested the manager of a yakitori restaurant on suspicion of attempting to rob the establishment on Jan 15. (Japan Today)
Feb 10
Tokyo Metropolitan Police have busted of a bar in the 2-chome gay quarter of Shinjuku Ward for licensing violations, reports TV Asahi (Feb. 10) . (Tokyo Reporter)
Feb 10
The Japanese government decided at a cabinet meeting Tuesday to withdraw its recommendation of Christianity-related historic facilities and sites in Nagasaki and Kumamoto prefectures for addition to the UNESCO World Heritage List. (Jiji Press)
Feb 10
Officers of the Metropolitan Police Department's special weapons squad subdue a "terrorist" during a counterterrorism drill at Tokyo Dome on Tuesday. (the-japan-news.com)
Feb 09
Tokyo Metropolitan Police have arrested a 39-year-old man for assaulting and robbing a female prostitute inside a hotel in Shibuya Ward last year, reports the Sankei Shimbun (Feb. 9). (Tokyo Reporter)
Feb 09
Following a stabbing incident that left one woman dead and another injured, Hokkaido Prefectural Police announced on Monday that a 30-year-old man is wanted in connection with the crime, reports the Yomiuri Shimbun (Tokyo Reporter)
Feb 09
The Chinatown district of Yokohama, south of Tokyo, has begun events to celebrate the start of the Chinese Lunar New Year. (NHK)
Feb 09
An armed man dressed as a woman robbed a pedestrian on a street in the city of Ogaki, Gifu Prefecture, but returned some of her cash before fleeing the scene, police said. (Japan Today)
Feb 08
Police in Toda, Saitama Prefecture, have arrested a 71-year-old woman on suspicion of setting her son's room on fire. (Japan Today)
Feb 08
A Rolls-Royce Phantom, one of the most luxury cars in the world, has been put up for sale on an online auction by the National Tax Agency. (Japan Today)