Japan

Lower yen, bargain hunting revives Nikkei from 26-year low Eds

Tokyo  - Tokyo stocks rebounded Tuesday from a 26-year low as the yen fell against the dollar and euro, investors hunted for bargains and the government instituted new restrictions on short selling.

The benchmark Nikkei 225 Stock Average soared 459.02 points, or 6.41 per cent, to close at 7,621.92, nearly erasing all of its 486.18-point loss from Monday.

The broader Topix index of all first-section issues also was up 37.57 points, or 5.03 per cent, at 784.03.

The gains ended a four-day losing streak, which wiped out nearly a quarter of the Nikkei's value.

The day began on a sour note, as the Nikkei briefly dropped below 7,000, but investors returned to the market to buy up stocks trading at historic lows.

Inspiron Mini 12 launched by Dell in Japan

Inspiron Mini 12 launched by Dell in Japan

Dell Inspiron Mini 12 was launched on Sunday. According to Dell, Inspiron 12 will be available in the U.S. by mid- November.

Inspiron Mini 12 is the first notebook that has a 12 – inch screen. The newest model from Dell with competer with 10 inches notebooks by Lenovo, IdeaPAd S10 and MSI Wind. The resolution of the screen would be 1,280 by 800. It is shaped like a wedge, 9 by 11.8 by 0.92 inches.

Prince Charles, Camilla arrive for five-day official visit to Japan

Prince CharlesTokyo  - Britain's Prince Charles and his wife Camilla arrived in Tokyo la

Asian markets start week with further plunge

Tokyo  - Asian markets plummeted to new lows Monday, with trading halted at several stock exchanges, as investors across the region stepped up panic-selling on concerns that tumbling share values would drag economies into recession.

Stocks in Tokyo nosedived, as the benchmark Nikkei 225 tumbled 486.18 points, or 6.36 per cent, to close at 7,162.9, the lowest level in 26 years. The market crisis has shaved off half the value off the Nikkei this year.

The broader Topix index of all first-section issues also lost 59.65 points, or 7.4 per cent, to 746.46.

The Bank of Japan injected 600 billion yen (6.37 billion dollars) into the money markets Monday to ease a credit crunch as stocks prices plunged.

Toyota sees first quarterly sales drop in seven years

tokyo, japanTokyo - Toyota Motor Corp saw its global sales take their first quarterly dive in seven years as petrol prices soared and the global economy slowed, Japan's leading automaker said Monday.

Global sales fell by 4 per cent in the July-to-September quarter, compared with the same quarter a year earlier, to 2.24 million.

The Toyota group, which includes Daihatsu Motor Co and Hino Motors Ltd, recorded a rise in its global sales to 7.051 million units in the first six months of this fiscal year, which ends March 31, from the 7.05 million units from the same period in the previous fiscal year.

Japan's premier orders measures to stabilize stock market

Japanese Prime Minister Taro AsoTokyo - Japanese Prime Minister Taro Aso on Monday ordered the government and ruling parties to immediately implement measures to stabilize the stock market.

"Stock prices greatly influence the real economy," Aso said at a press conference. "In that sense, we have to consider various measures and implement them."

The government was expected to implement emergency measures such as a larger government fund to recapitalize ailing banks and help for employees to purchase stock in their companies, Aso said.

Pages