News Column

Kyodo news summary -1-

May 28, 2014



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Egypt elects former defense chief el-Sisi for president: report

CAIRO - Former Egyptian defense minister Abdel-Fattah el-Sisi holds an insurmountable lead in the presidential election that ended Wednesday, according to provisional polling by the state-run Al-Ahram daily.

El-Sisi had captured 95 percent of votes while Hamdeen Sabahi, a leftwing politician, garnered 5 percent, according to the report. El-Sisi's victory was widely expected.

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Dollar trades in upper 101 yen zone in early Tokyo deals

TOKYO - The U.S. dollar traded in the upper 101 yen zone early Thursday in Tokyo, slightly lower than its level overnight in New York.

At 9 a.m., the dollar fetched 101.72-73 yen compared with 101.79-89 yen in New York and 101.81-83 yen in Tokyo at 5 p.m. Wednesday.

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Tokyo stocks open lower after rising for 5 straight days

TOKYO - Tokyo stocks opened lower Thursday as investors moved to lock in profits following the Nikkei average's five-day winning streak.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 52.69 points, or 0.36 percent, from Wednesday to 14,618.26. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 2.11 points, or 0.18 percent, to 1,196.06.



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Source: Japan Economic Newswire


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