Tokyo stocks slip despite strong dollar as profit-taking sets in
Tokyo stocks fell Wednesday, succumbing to profit-taking after four days of sharp gains and weak China economic data, all of which provided an inauspicious backdrop to Suntory Beverage & Food's otherwise successful mammoth IPO listing.

The Nikkei Stock Average shed 43.18 points, or 0.3%, to 14,055.56 following the prior session's 1.8% rise. The index had surged 9.9% over the previous four days.

The Topix index of all the Tokyo Stock Exchange First Section issues added 1.97 points, or 0.2%, to 1,173.81, with 20 of 33 subindexes ending in positive territory.

Traders also cited weaker non-manufacturing June China PMI data published mid-morning as a sell catalyst, which helped to offset the dollar's rise above the Y100 mark for the first time since June 5.

As of the close of TSE trading at 0600 GMT, the greenback was seen at around Y100.72.

Participation levels remained somewhat subdued, totaling just 2.8 billion shares worth Y2.31 trillion.

Much of the value of the market was driven by trading in just two stocks, however: Tokyo Electric Power, and Suntory Beverage & Food.

Jun 30
A group of Japanese media representatives has issued a statement of protest against recent remarks by lawmakers. (NHK)
Jun 30
Prince Akishino and Princess Kiko marked their 25th wedding anniversary on Monday, expressing appreciation to each other in a statement. (The Japan News)
Jun 29
Local authorities are urging climbers to bring helmets to protect themselves against a possible eruption of Mount Fuji after the season to ascend the nation's highest peak opens on July 1. (Asahi)
Jun 29
Japan's Ministry of Agriculture, Forestry and Fisheries plans to establish a system to certify the skills of chefs who cook Japanese food abroad. (Jiji Press)
Jun 29
The revolutionary Solar Impulse 2 aircraft took off early Monday for a flight over the Pacific Ocean, a spokeswoman said, the most ambitious leg of its quest to circumnavigate the globe powered only by the sun. (Japan Today)
Jun 30
Two boys aged 3 and 4 were hit by a train in Showacho, Yamanashi Prefecture, on Monday afternoon. (Japan Today)
Jun 30
An intensive investigation involving about 50 police officers has revealed the culprit in the vandalism of about 40 cars in the Higashi-Izumo area of Matsue this spring. Crows. (The Japan News)
Jun 29
Police have arrested a 20-year-old university student who drove his motorbike into a pedestrian mall on Sunday, running over a young boy. (Japan Today)
Jun 29
Tokyo Metropolitan Police last week confirmed that a body discovered buried in a cemetery in Kanagawa Prefecture is that of a 25-year-old woman who went missing two years ago. Police are now attempting to locate her son, reports the Sankei Shimbun (June 26). (Tokyo Reporter)
Jun 29
A funeral service was held at a railway station in Wakayama Prefecture for the late feline stationmaster known as Tama. (NHK)
Jun 28
Japan's traditional kendama ball-and-cup toy has been reborn as a new sport and is attracting attention around the world. Professional players demonstrate their highly sophisticated techniques on Internet video sites, and a world championship event was held last year featuring the first monetary prizes to be awarded for kendama in Japan. (The Japan News)
Jun 28
A 55-year-old man was in a coma on Saturday after he was hit in the eye by an umbrella during an argument with a work colleague in front of Tokyo station. (Japan Today)
Jun 27
A district court sentenced a 40-year-old man to death Friday for the indiscriminate murder of two pedestrians in the western Japan city of Osaka in 2012. (Jiji Press)
Jun 26
Police in Sapporo said Friday they have arrested an 18-year-old youth on suspicion of killing his 51-year-old father. - See more at: http://www.japantoday.com/category/crime/view/18-year-old-youth-arrested-for-killing-father#sthash.HiHL4HwN.dpuf (Japan Today)
Jun 26
A seven-year-old boy died this month after being trapped inside a front-loading washer-dryer at his home in Ome, western Tokyo, it was learned Friday. (Jiji Press)