TOKYO , Jan. 30 -- ( Kyodo ) _ ---------- Dollar trades in lower 102 yen zone following emerging currencies falls TOKYO - The U.S. dollar was range-bound in the lower 102 yen zone Thursday morning in Tokyo after falling overnight on risk aversion following declines in emerging currencies. At noon, the dollar fetched 102.17-23 yen compared with 102.21-31 yen in New York and 103.12-14 yen in Tokyo at 5 p.m. Wednesday . ---------- Japan's key bond yield falls on Tokyo stock sell-off TOKYO - The yield on the benchmark 10-year Japanese government bond fell Thursday morning in reaction to Tokyo stocks' sharp losses. The yield on the No. 332, 0.6 percent issue, the main yardstick of long-term interest rates, ended morning interdealer trading at 0.615 percent, down 0.020 percentage point from Wednesday's close. ---------- Nikkei slumps over 3% to 2.5-month low after Fed stimulus cut TOKYO - Tokyo stocks fell sharply Thursday morning, with the Nikkei index down more than 3 percent, after the U.S. Federal Reserve cut its monetary stimulus further in the midst of emerging market turmoil. The 225-issue Nikkei Stock Average shed 511.53 points, or 3.33 percent, from Wednesday to end the morning at 14,872.38. It briefly fell to as low as 14,853.83, its lowest intraday level since Nov. 14 . The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 38.15 points, or 3.04 percent, to 1,218.03. ---------- U.S. intel official praises Japan for enacting secrecy law WASHINGTON - A top U.S. intelligence official praised Japan on Wednesday for enacting a law protecting state secrets last month, saying it will encourage the United States to share more classified information with its close ally. "The Japanese are emerging as great partners," James Clapper , director of national intelligence, told a hearing of the Senate's Select Committee on Intelligence . ---------- Japan's new vehicle sales expected to fall below 5 mil. in 2014 TOKYO - Japan's new vehicle sales are expected to fall 9.8 percent in 2014 from the previous year to 4,850,000 units, slipping below the 5 million mark for the first time in three years, an industry body said Thursday. The Japan Automobile Manufacturers Association attributed the expected decline mainly to the upcoming sales tax hike from 5 percent to 8 percent in April. ---------- Obama aide strikes negative note on another Abe shrine visit WASHINGTON - An aide to U.S. President Barack Obama suggested Wednesday that Washington hopes Japanese Prime Minister Shinzo Abe will avoid making another visit to a Tokyo shrine regarded by China and South Korea as a symbol of past Japanese militarism. "I think our general principle on these issues...is that all leaders should demonstrate a degree of sensitivity to historical concerns," Ben Rhodes , deputy U.S. national security adviser, told reporters. ---------- Maruha Nichiro president apologizes for food poisoning case TOKYO - Maruha Nichiro Holdings Inc. President Toshio Kushiro on Thursday apologized for a food poisoning case involving one of its subsidiaries in which a factory worker has been arrested on suspicion of lacing frozen food products with pesticide. "I apologize for the huge anxiety and annoyance caused to consumers," Kushiro said at the company's extraordinary general shareholders meeting in Tokyo . ---------- Japan envoy hopes for clearer U.S. commitment to closer ties WASHINGTON - Japan's ambassador to the United States voiced hope Wednesday that Washington will show a clearer commitment to forging closer bilateral ties on such occasions as President Barack Obama's visit to Japan , planned for April. Kenichiro Sasae told an event organized by a think tank that he wants to see the U.S. government make clear who are "friends" and "troublemakers," though without going into specifics.
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