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.

Mar 30
Cherry blossoms were in full bloom in Tokyo and in Fukuoka City, southern Japan, on Sunday. The flowers have bloomed 5 days earlier than usual in Tokyo and 3 days earlier in Fukuoka. (NHK)
Mar 29
A Tokyo aquarium at which large numbers of tuna and bonito have mysteriously died has announced plans to reintroduce bluefin tuna around June. (The Japan News)
Mar 29
A talking robot has attended a meeting in Tokyo to report back about its activities on the International Space Station. (NHK)
Mar 28
Japanese research whaling vessels have returned to a port in Yamaguchi Prefecture, western Japan, after completing a survey expedition in the Antarctic Ocean. The expedition was unusual in that it did not involve catching any whales. (NHK)
Mar 28
One in 10 adult women in Japan has experience of becoming a stalking victim and 30 pct of such women felt that their lives were in danger, a Cabinet Office survey suggested Friday. (Jiji Press)
Mar 30
In the first application in Tokyo of a law that seeks to restrict the distribution of sexually explicit content for revenge purposes, police on Friday announced the arrest of a 50-year-old male for releasing illicit images of his former girlfriend, reports the Sankei Shimbun (March 27). (Tokyo Reporter)
Mar 30
In October of last year, weekly tabloid Shukan Jitsuwa reported on the recent increase in the number of Chinese tourists visiting Osaka's Tobita Shinchi red-light district. (Tokyo Reporter)
Mar 29
Police in Chofu, Tokyo, said Sunday they have arrested an unemployed 43-year-old man on suspicion of fatally stabbing a 63-year-old woman as she walked home on Saturday night. (Japan Today)
Mar 29
Crown Princess Mary and Crown Prince Frederik's three-day tour of Japan came to an end on Saturday and the couple were bid farewell by the Emperor and Empress of Japan. (hellomagazine.com)
Mar 29
One man died and another was rescued after a workboat capsized at sea off Hakodate, Hokkaido, on Friday. (The Japan News)
Mar 29
The first two volumes of the annals of the late Japanese Emperor Hirohito hit the shelves of bookstores across Japan Friday. (Jiji Press)
Mar 28
Police in Nishinomiya City, Hyogo Prefecture, said Friday that more body parts have been found in the Tsuto River near where two severed arms were found on Tuesday. (Japan Today)
Mar 28
A teen model smiles sweetly at the camera. Deftly using her hands, she produces a considerable volume of white, goopy liquid. Then she turns to the camera and asks, innocently, "It all came out?" (rocketnews24.com)
Mar 28
Six months after the deadly eruption of Mount Ontake in central Japan, mourners on Friday offered flowers for the victims of the disaster. (NHK)
Mar 27
Police in Tokyo have arrested the leader and one member of a large con-artist group accused of defrauding elderly people out of hundreds of millions of yen with various scams. (Japan Today)