The Nikkei average rose 1.4 percent on Monday as real estate and construction stocks gained on hopes that Tokyo will win the race to host the 2020 Summer Olympics, while consumer finance shares climbed after a media report citing rising loan demand.
The Nikkei gained 184.06 points to 13,572.92, and the Topix index added 1.1 percent to 1,117.78. Volume was subdued, with only 1.85 billion shares changing hands as U.S. markets are closed for the Labor Day holiday on Monday.
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)
Japanese public prosecutors on Friday demanded a prison sentence of 10 years for Yusuke Katayama, who is accused of hijacking other people's personal computers and using them to send online threats. (Jiji Press)
According to various Japanese news sources, 83-year-old retiree Yasuji Shibata was arrested for selling obscene material via an Internet auction in April for 3,400 yen (about US$28) after police found explicit photos in his home on November 16. (rocketnews24.com)