Tokyo stocks slipped 0.26 percent in subdued trade on Thursday ahead of the Independence Day holiday in the United States while a slightly stronger yen also added to selling pressure.
The benchmark Nikkei 225 index closed down 36.63 points to 14,018.93, while the Topix index of all first-section shares fell 0.26 percent, or 3.10 points, to 1,170.71.
The dip in Tokyo comes after the Dow in New York added 0.38 percent in shortened pre-July 4 holiday trade.
"The lack of participation caused by the US holiday should contribute to a limited trading range for the (Tokyo) market," SMBC Nikko Securities general manager of equities Hiroichi Nishi told Dow Jones Newswires.
Investors are keeping a close eye on a monthly US jobs report Friday for clues as to when the Federal Reserve will start reeling in its massive bond-buying programme, known was quantitative easing.
Japan's push to take away overtime from high-paid workers has critics warning it will aggravate a problem synonymous with the country's notoriously long working hours -- karoshi, or death from overwork. (AFP)
Tochigi Prefectural Police on Sunday confirmed that a body discovered on a property in Mooka City is that of a 21-year-old woman who went missing last month, reports the Sankei Shimbun. (Tokyo Reporter)
About half of the nation's 47 prefectural and 20 ordinance-designated city governments have prohibited or are considering a ban on drone flights in locations that attract large numbers of people, The Yomiuri Shimbun has learned. (The Japan News)
When you hear the expression "JK business," do you have any idea what kind of work this refers to? JK stands for joshi kōsei (high school girls). In Japan, JK is a very powerful brand - and high school girls are a highly valued commodity. (Japan Times)
The Mito city government is seeking donations from companies and individuals to help restore major parts of Mito Castle: the Otemon main gate, the Ninomaru Sumiyagura watch tower within the outer structures of the castle and the castle walls. (The Japan News)
Okayama Prefectural Police have launched an attempted murder investigation following the shooting of two organized crime members outside a hostess club in Tamano City early Saturday morning, reports the Sankei Shimbun. (Tokyo Reporter)
In a crackdown on overcharging of customers, Tokyo Metropolitan Police on Friday announced the bust of two hostess clubs in Shinjuku Ward for overcharging customers, reports the TBS News (May 22). (Tokyo Reporter)