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.

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
With the arrival of the cherry blossom season, the Tokyo metropolitan government has taken steps to manage the influx of revelers expected at Ueno Park in Taito Ward, where a hanami festival is being held. (The Japan News)
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 27
The Japan Tourism Agency (JTA) says the amount of money spent by foreign tourists in 2014 surpassed the preceding year by 43.1%, totaling 2.0278 trillion yen and exceeded two trillion yen for the first time ever. (Japan Today)
Mar 27
The assembly of Tokyo's Shibuya Ward is expected to pass an ordinance next week acknowledging same-sex partnerships as equivalent to marriage, after a bill for the ordinance was approved at a committee meeting Thursday. (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)
Mar 27
Lee Dong Cheol, 61, and an employee of his trading firm were arrested by the Kyoto, Kanagawa, Shimane and Yamaguchi prefectural police departments on Thursday for allegedly importing North Korean matsutake mushrooms under the pretense that they were Chinese ones. (The Japan News)
Mar 26
Police reported a record-high 28,923 minors aged below 18 to child welfare authorities as suspected victims of child abuse in 2014, up 33.9 percent from a year earlier, the National Police Agency said Thursday. (Kyodo)
Mar 26
A five-year-old boy drowned in a pond five years after his older sister drowned in the same pond in Mitoyo, Kagawa Prefecture. (Japan Today)
Mar 25
The two names of what appears to be Japanese are on the boarding list of a Germanwings airplane that crashed in southeastern France Tuesday, according to the Japanese consulate general in Barcelona. (Jiji Press)
Mar 25
Police on Wednesday arrested a 42-year-old man in connection with the deaths of his parents, who were found fatally stabbed the day before in a factory the family ran in Takarazuka, Hyogo Prefecture. (Japan Times)
Mar 25
Convicted serial killer Kanae Kijima pulled off what Charles Manson could not: She got married while in prison. (Tokyo Reporter)