News Column

Kyodo news summary -2-

June 19, 2014



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Nikkei rises to 5-month high in morning on recovery hopes

TOKYO - The Nikkei stock index rose slightly to an almost five-month high Friday morning in Tokyo, lifted by buying on prospects of a global economic recovery due to the resilience of U.S. stocks overnight.

The 225-issue Nikkei Stock Average gained 48.44 points, or 0.32 percent, from Thursday to 15,409.60, its highest since late January on an intraday basis. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 2.35 points, or 0.19 percent, to 1,271.39.

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Japan's key bond yield rises in morning

TOKYO - The yield on the benchmark 10-year Japanese government bond rose Friday morning on selling to adjust positions amid a lack of trading cues.

The yield on the No. 334, 0.6 percent issue, the main barometer of long-term interest rates, ended morning interdealer trading at 0.590 percent, up 0.005 percentage point from Thursday's close.

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2 Chinese ships intrude into Japanese waters near Senkaku Islands

NAHA, Japan - Two Chinese Coast Guard vessels intruded into Japanese territorial waters Friday morning near the Senkaku Islands in the East China Sea, the Japan Coast Guard said.

The intrusion at around 10 a.m. was the 14th this year, following one June 6.

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S. Korea begins live-fire drills off disputed islets

SEOUL - South Korea began a live-fire drill Friday off islets at the center of a bilateral territorial dispute with Japan, according to South Korea'sJoint Chiefs of Staff.

Defense Ministry spokesman Wi Yong Seop declined to provide details on the drills, but dismissed Japan's call to cancel the exercise.

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Myanmar's president sacks Cabinet minister, chief minister

YANGON - Myanmar President Thein Sein has removed a Cabinet minister overseeing religious affairs and a provincial chief minister for conflict-stricken Rakhine State, official orders dated June 19 said Friday.

The President Office orders signed by Thein Sein were published in state-run newspapers.

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S. Korea begins live-fire drills off disputed islets

SEOUL - South Korea began a live-fire drill Friday off islets at the center of a bilateral territorial dispute with Japan, according to South Korea'sJoint Chiefs of Staff.

Defense Ministry spokesman Wi Yong Seop declined to provide details on the drills, but dismissed Japan's call to cancel the exercise.



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Source: Japan Economic Newswire


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