• Most Popular
  • Most Shared

Nikkei up 0.5 pct as exporters gain on softer yen

Thu Apr 19, 2007 10:07pm EDT

Stocks

   

(Updates to midsession)

TOKYO, April 20 (Reuters) - The Nikkei average rebounded on Friday after Asian shares slid the previous session on fears of an interest rate hike in China, with exporters such as Advantest Corp. (6857.T) rising on a weaker yen and following relatively calm trade in major overseas markets.

The Nikkei .N225 finished the morning up 0.51 percent, or 87.92 points, at 17,459.89.

The broader TOPIX index was almost flat, adding 0.01 percent to 1,707.15.



More from Reuters

Photo

RIM profit, outlook top forecasts; shares surge

OTTAWA (Reuters) - Research In Motion posted a big jump in profit and issued an even stronger outlook on Thursday, as sturdy demand from holiday shoppers helped the BlackBerry maker fend off the competition.

Pedestrians are reflected in a Citigroup window in Boston, Massachusetts. REUTERS/Brian Snyder

Citi's next challenge

Citigroup's plan to extract itself from the government's clutches didn't go as planned. For the bank to succeed, one of two things need to happen.  Full Article 

Aerospace Industries Association President and CEO Marion Blakey makes remarks during the Reuters Aerospace and Defense Summit, December 16, 2009 in Washington.REUTERS/Mike Theiler

"We're not asking for a bailout"

If the U.S. is serious about creating jobs it should invest in aviation programs, says the chief of the Aerospace Industries Association. Just don't call it a bailout.  Full Article