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.

Sep 22
Tropical storm Fung-wong is moving northward over waters east of Taiwan and is set to approach the Japanese island prefecture of Okinawa early Monday. (NHK)
Sep 22
Japanese Prime Minister Shinzo Abe has said he wants to continue constructive dialogue with Russian President Vladimir Putin and study the possibility of his visit to Japan. (NHK)
Sep 22
Two of Japan's small opposition parties merged and launched a new political party Sunday, the country's third largest, in a bid to stir political realignment. (Kyodo)
Sep 21
Finance chiefs of the Group of 20 industrial and developing economies agreed Sunday to take additional measures to ensure meeting their commitment to a growth target amid increasing risks. (Kyodo)
Sep 21
The identities of 35 dementia sufferers were unknown in 26 municipalities across the nation at the end of May, according to the government's first nationwide survey of such persons. (The Japan News)
Sep 21
Japanese director Takashi Miike, whose violent and often controversial films boast a huge cult following, will be awarded the 2014 Maverick Director Award at the Rome film festival, organisers said Saturday. (AFP)
Sep 21
Two vending machines were torched and the money taken from them in Tokyo's Katsushika Ward on Saturday morning, bringing to 19 the number of vending machines which have been destroyed by fire in the area since Sept 15. (Japan Today)
Sep 20
Police in Tokyo said Friday they are looking for a man who sprayed a 17-year-old girl with a liquid resembling paint thinner as she walked home on Wednesday night-the third such incident to occur in the area since last month. (Japan Today)
Sep 19
A computer programmer has admitted to killing dozens of cats in Tokyo's Ota Ward, saying he had become enraged by all the strays that had gathered in the neighborhood, police said Sept. 18. (Asahi)
Sep 19
A Tokyo man who was so stoned that he fell off his bike became the first bicyclist in Japan arrested on suspicion of driving under the influence of "dappo" (law-evading) drugs, police said. (Asahi)
Sep 19
Police in Saitama said Thursday they have arrested a 41-year-old man for fatally stabbing his 39-year-old wife. (Japan Today)
Sep 18
A 61-year-old truck driver has been arrested after he hit a group of elementary school children in Setagaya Ward, Tokyo, killing one 9-year-old girl and injuring two other children, aged 8 and 9. (Japan Today)
Sep 18
White smoke rose from under Tokyo Station's No. 22 platform Wednesday morning, suspending Shinkansen bullet train services. (The Japan News)
Sep 17
Tokyo Metropolitan Police on Wednesday arrested an organized crime member in the bust of a business in Shinjuku Ward that sold illegal pornographic DVDs, reports AV Asahi (Sept. 17). (Tokyo Reporter)
Sep 17
Following the bust of a shopping site selling shoes containing a miniature camera used to take illicit photographs, Kyoto Prefectural Police are now seeking the return of the merchandise from customers, it was revealed on Tuesday, reports the Mainichi Shimbun (Sept. 17). (Tokyo Reporter)