• Most Popular
  • Most Shared

Nikkei up 0.3 pct, exporters sold on strong yen

Wed Oct 24, 2007 8:13pm EDT

Stocks

   

(Updates to opening)

Stocks

TOKYO, Oct 25 (Reuters) - Japan's Nikkei average gained 0.3 pct on Thursday, led by TDK Corp (6762.T) and Fast Retailing Co Ltd (9983.T) after Wall Street only dipped despite big losses by Merrill Lynch.

Exporters including Sony Corp (6758.T) were sold as the yen's gain against the dollar JPY= could hurt their profits.

The dollar was trading around 114.05 yen JPY= after falling 0.5 percent to 114.20 in late New York trade.

As of 0001 GMT the benchmark Nikkei .N225 was up 55.54 points at 16,413.93. The broader TOPIX index was down 0.1 percent at 1,562.32.

Stocks


More from Reuters

Photo

Pay czar caps more salaries at bailed out firms

WASHINGTON/NEW YORK (Reuters) - The U.S. pay czar on Friday expanded a crackdown on pay packages at four companies rescued with taxpayer money, limiting most cash salaries at $500,000 for a second tier of top earners.

» More Top News
A model gets prepared backstage ahead of a wedding dress show at China Fashion Week in Beijing
Fashion & Style:

Flowers, church, liposuction?

Brides and grooms are opting for cosmetic surgery and other procedures, supplementing veils and cummerbunds with Botox and liposuction. Women say they want to look good for photos, but men are a different story.  Full Article 

Lifestyle
Sam Worthington and Zoe Saldana as her digital character Neytiri in a scene from "Avatar". Credit: REUTERS/Twentieth Century Fox/Handout

Will Cameron change Hollywood again?

Beyond the hype and buzz, James Cameron's $400 million "Avatar," one of the most expensive films ever made, is being closely watched for its impact on the future of movies.  Full Article 

Entertainment