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Nikkei ends below 21,000 for first time in nine months

Dec 20 (Japan Times) - The benchmark Nikkei average closed below 21,000 for the first time in nearly nine months on the Tokyo Stock Exchange Wednesday amid concerns over a slowdown in the global economy.

The 225-issue Nikkei average shed 127.53 points, or 0.60 percent, to 20,987.92, its first finish below 21,000 since March 26. On Tuesday, the index tumbled 391.43 points.

The Topix index of all first-section issues was down 6.36 points, or 0.41 percent, at 1,556.15, its lowest finish since May 18, 2017. It dropped 31.69 points on Tuesday.

Investor sentiment was also battered by major mobile phone carrier SoftBank’s weak debut on the TSE’s first section, market sources said.

A fall in European equities and only a slight rebound in U.S. stocks on Tuesday reinforced worries about a possible slump in the global economy, an official of a bank-linked securities firm said.

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Ishiba Shigeru has been elected leader of Japan's main ruling Liberal Democratic Party. The former LDP Secretary-General is now virtually assured of becoming the next prime minister. (NHK)

The Hakamada case, a decades-long legal struggle, ended with an acquittal for Iwao Hakamada (88), who, along with his sister Hideko, fought for 58 years. Hakamada was suspected of the 1966 murder of a miso company executive’s family.

A Japanese government information-gathering satellite has successfully been put into a planned orbit around Earth. (NHK)

Japan's National Police Agency is introducing new patrol cars equipped with red lights designed to assist people with hearing impairments, flashing differently depending on whether the vehicle is on an emergency run or a routine patrol.

Yamagata University, which has been conducting research on the Nazca geoglyphs in Peru, announced the discovery of over 300 new geoglyphs, depicting a variety of subjects, including humans and animals.

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Four Japanese men have been caught at an Australian airport on suspicion of trying to smuggle a large amount of cigarettes into the country. (NHK)

Japan's National Police Agency is introducing new patrol cars equipped with red lights designed to assist people with hearing impairments, flashing differently depending on whether the vehicle is on an emergency run or a routine patrol.

The former representative of the martial arts event company 'Breaking Down,' Yugo Itagaki, along with two other individuals, has been arrested by the Tokyo Metropolitan Police on charges of defrauding a company executive out of 80 million yen.

Strange incidents involving a woman placing black tape on outlets have been occurring around zoos in the Izu area of Shizuoka Prefecture.

As the number of households with Buddhist altars continues to decline, largely due to space limitations in modern housing, wholesalers of Buddhist goods are struggling with unsold inventory.

Twelve individuals involved in the traditional 'Ageuma Shinji' horse event held last year at Tado Shrine in Kuwana City, Mie Prefecture, have been referred to prosecutors on allegations of violent behavior toward horses, including forcing them up steep slopes.

A 39-year-old man has been arrested on suspicion of attacking a female university student by covering her head with a bag and attempting to strangle her.

A group of Humboldt penguins at Tokuyama Zoo in Yamaguchi Prefecture has captured people's hearts, as they chase a butterfly that had accidentally flown into their pool enclosure.