News Column

Kyodo news summary -1-

July 2, 2014



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Nikkei opens slightly higher after Dow, S&P record highs

TOKYO - The Nikkei stock index opened slightly higher Thursday, with buying encouraged after the Dow Jones Industrial Average and the S&P 500 index both closed at record highs for a second straight day overnight in New York.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 9.86 points, or 0.06 percent, from Wednesday to 15,379.83. Meanwhile, the broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 0.21 point, or 0.02 percent, to 1,280.57.

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N. Korea abduction probe panel to include member of powerful body

TOKYO - A senior member of North Korea's powerful National Defense Commission will be a key member of a special panel the country will establish to look into the abductions of Japanese nationals decades ago, bringing the panel directly under the control of leader Kim Jong Un, a Japanese government source said Thursday.

The panel will have four separate groups, one of them covering abduction victims, according to the source.

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Dollar trades in upper 101 yen range in early Tokyo deals

TOKYO - The U.S. dollar traded in the upper 101 yen range in Tokyo early Thursday, slightly up from its levels in New York overnight.

At 9 a.m., the dollar fetched 101.83-87 yen compared with 101.72-82 yen in New York and 101.49-50 yen in Tokyo at 5 p.m. Wednesday.

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Shibuya no longer among JR East's 3 busiest stations

TOKYO - Shibuya slipped to fifth in the fiscal 2013 list of the busiest rail stations in JR East's system covering the greater Tokyo region, after consecutively placing third behind Shinjuku and Ikebukuro for 19 years, data released by the carrier showed.

Tokyu Corp.'sTokyu suburban line was linked to Tokyo Metro Co's Fukutoshin subway line at Shibuya in March 2013, which seems to have taken customers away from East Japan Railway Co.'sShibuya Station.



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Source: Japan Economic Newswire


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