Do More With Reuters
Partner Services

Nikkei up 1 pct as exporters gain on weaker yen

Tue Jan 6, 2009 5:36am IST
 
Email | Print | | Single Page
[-] Text [+]

(Updates with open)

TOKYO, Jan 6 (Reuters) - Japan's Nikkei average rose 1 percent on Tuesday, the first full trading day of 2009, with exporters such as Sony Corp (6758.T: Quote, Profile, Research) gaining after the yen slid against the dollar.

Toyota Motor Corp (7203.T: Quote, Profile, Research) said on Tuesday it plans to halt production at all of its plants in Japan for a total of 11 days in February and March in response to flagging auto sales, but shares rose despite this.

The benchmark Nikkei .N225 gained 74.46 points to 9,117.58, while the broader TOPIX .TOPX rose 0.7 percent to 881.73. (Reporting by Elaine Lies)

Dubai Debt Fears

Villas are seen on the The Palm, Jumeirah, with Atlantis, The Palm, under construction on the breakwater (crescent), May 3, 2008.  REUTERS/Jumana El Heloueh

Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets.  Full Article | Slideshow 

People light candles at a vigil to commemorate the victims of last year's militant attacks in Mumbai, in front of the India Gate in New Delhi November 26, 2009. Mumbai held tearful memorials and police staged a show of strength on Thursday as India's financial hub marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan. REUTERS/Rupak De Chowdhuri
One Year Later

Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan.  Slideshow | Full Coverage