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.

Nov 26
The strong earthquake that rocked central Japan on Saturday shifted the skiing city of Hakuba in Nagano prefecture southeast by almost one foot, according to the government's mapping agency. (Wall Street Journal)
Nov 26
Japan's transport ministry last week set up a special task force to deal with air bag-related recalls and has urged automakers to speed up replacements of potentially defective Takata-made air bag inflators, Transport Minister Akihiro Ohta said on Tuesday. (Reuters)
Nov 26
The temperature readings in Tokyo this winter are expected to drop because of the relocation of the observation site for Tokyo's weather. (The Japan News)
Nov 25
Four South Korean men have been arrested in southern Japan on suspicion of stealing an ancient Buddha statue, police said Nov. 25. (Asahi)
Nov 25
Winter resort operators here are scrambling to quash rumors at home and abroad that a recent earthquake caused serious damage to their ski hills and facilities. (Asahi)
Nov 26
The fraudulent composer once dubbed "Japan's Beethoven" is facing a lawsuit over the cancellation of his tour after it emerged he lied about his work and relied on a ghostwriter, reports said Tuesday. (Japan Today)
Nov 26
Villagers in Higashi-Chichibu, Saitama Prefecture, are riding high. (Japan Times)
Nov 26
A Japanese pop group is trying to get people to change their tune about trash. They're singing in the streets while they clean. And some of their fans are helping them along the way. (NHK)
Nov 25
Police in Asahikawa, Hokkaido, said Tuesday that around 16,000 New Year greeting cards ("nengajo") have been stolen from 26 Lawson convenience stores. Security cameras have captured footage of two men who are believed to be the thieves. (Japan Today)
Nov 25
A 49-year-old man was arrested on Monday afternoon after he fired shots into the Yokohama apartment of his former wife, police said. (Japan Today)
Nov 24
A total of 41 people have been injured in a 6.7-magnitude earthquake that struck Nagano Prefecture, central Japan, Saturday, prefectural police said Sunday. (Jiji Press)
Nov 24
Aftershocks continued overnight after the strong earthquake that hit Nagano Prefecture late Saturday, leaving local residents anxious. (The Japan News)
Nov 22
Murder suspect Chisako Kakehi invested most of the about Y1 billion she inherited from her spouses and lovers in futures trading and other financial products over the past few years, The Yomiuri Shimbun has learned from investigative sources. (The Japan News)
Nov 22
Police in Tsubame, Niigata Prefecture, said Friday they have arrested a 24-year-old woman on a murder charge after she dropped her 3-year-old daughter off a bridge into the river. (Japan Today)
Nov 22
Workers have for the first time gone inside a no-entry zone in Fukushima Prefecture to dismantle a fishing boat washed ashore by the tsunami three years and eight months ago. (NHK)