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.

Jan 30
UN member nations in the Asia-Pacific region have chosen Japan as their sole candidate for non-permanent membership of the UN Security Council for the next 2-year term. (NHK)
Jan 30
Japan's job availability rose in December to its best level in 22 years while the unemployment rate improved to 3.4 percent, suggesting that companies are willing to hire more workers as corporate profits recover, the government said Friday. (Kyodo)
Jan 30
A deadline set by a militant group for the release of Kenji Goto, a freelance journalist, has expired late Thursday night Japan Time. (The Japan News)
Jan 29
A Nagoya University student who says she killed an elderly woman found dead in the 19-year-old's apartment has also admitted poisoning a former high school classmate, investigative sources said Thursday. (Japan Times)
Jan 29
Tokyo Metropolitan Police on Thursday searched a Yamaguchi-gumi headquarters in Chuo Ward for the alleged sale of drugs to musician Aska, reports TBS News (Jan. 29). (Tokyo Reporter)
Jan 30
Police in Higashi-Osaka said Friday that a 44-year-old woman attacked a group of elementary school boys walking home from school, injuring some of them. (Japan Today)
Jan 30
Police in Saitama Prefecture said Thursday they have arrested 11 people who, as part of an organized scam group, call up individuals claiming that they had missed a payment for using a website that is actually free to use. (Japan Today)
Jan 30
Despite being centuries-old, the core traditions of Setsubun can seem as silly as its common English rendering, The Bean-Throwing Festival. (rocketnews24.com)
Jan 29
Thai police said Wednesday they have arrested a transvestite on suspicion of swindling money from more than 100 Japanese men. (Japan Times)
Jan 29
Japan's Emperor and Empress have invited former leprosy patients from both Japan and abroad to the Imperial Palace in Tokyo. (NHK)
Jan 29
Paul McCartney, who had to cancel all his concerts in Japan last year due to an illness, announced on his blog Thursday that he will return to Japan for four concerts in April as part of his "Out There" world tour. (Japan Today)
Jan 29
Police have arrested a 67-year-old man for spraying graffiti on cars, concrete walls and other areas in a residential neighborhood of Sapporo in Hokkaido. (Japan Today)
Jan 28
Police have arrested a 19-year-old girl on suspicion of killing a 77-year-old woman. The girl, who is a student at Nagoya University, was quoted by police as saying she wanted to kill someone and that anyone would do, NTV reported Wednesday. (Japan Today)
Jan 28
Last week, officers from the Yotsuya Police Station in Tokyo took Takahiro Arimoto, the 44-year-old manager of massage parlor Honey Candle and one other employee into custody for the harmful employment of minors, a violation under the Labor Standards Act. (Tokyo Reporter)
Jan 28
Workers have begun tearing down structures at a train station here that was devastated in the deadly tsunami of 2011, citing the danger of collapse they pose to the growing number of visitors to the site. (Asahi)