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.
A sudden volcano eruption on the small southern Japanese island of Kuchinoerabu-jima has forced authorities to raise the alert to the highest level and advise evacuation of the immediate area. (rt.com)
Twelve of the 29 suma mackerel tuna have died at Tokyo Sea Life Park in Edogawa Ward, Tokyo, since the aquarium released the fish into its tank less than a week ago, it was learned Thursday. There has been a mysterious die-off of kuromaguro bluefin tuna, hatsugatsuo and other species of bonito at the aquarium since December. (The Japan News)
The operator of the crippled Fukushima Daiichi nuclear plant said Wednesday it has finished filtering a total of 620,000 tons of extremely toxic water being stored in tanks on the premises of the complex to lower its radiation level. (Kyodo)
On May 21, police in Japan's Miyagi Prefecture arrested a woman on swindling charges after the cashier at a local store erroneously handed her an extra 45,000 yen (US$370) in change. (rocketnews24.com)
In a crackdown on a business believed to be supporting organized crime, Tokyo Metropolitan Police on Tuesday announced the bust of an illegal pornographic DVD business in Shinjuku Ward, reports TV Asahi (May 26). (Tokyo Reporter)