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79 US sailors sue Japanese utility over radiation exposure from post-tsunami nuclear meltdown

SAN DIEGO - Nearly 80 U.S. sailors are seeking $1 billion from the Tokyo utility that operates the Fukushima Dai-ichi nuclear power plant, alleging the company lied about the high level of radiation in the area where they were carrying out a humanitarian mission after a tsunami that touched off a nuclear crisis three years ago.

Tokyo stocks down 1.34% by break

Tokyo stocks fell 1.34 percent Monday morning following a heavy sell-off on Wall Street while the yen's rise against the dollar dented exporters. The benchmark Nikkei 225 index eased 202.04 points to 14,861.73 at the break while the Topix index of all first-section issues was off 1.04 percent, or 12.70 points, to finish the morning at 1,203.19.

Tokyo shares end 1.69% lower

Tokyo stocks fell 1.69 percent Monday following a heavy sell-off on Wall Street, while the yen strengthened against the dollar, denting exporter shares. The benchmark Nikkei-225 index lost 254.92 points to finish at 14,808.85, while the Topix index of all first-section issues fell 1.57 percent, or 19.05 points, to 1,196.84.

Nikkei falls to one-week low, SoftBank dives on selloff in U.S. tech stocks

By Ayai Tomisawa TOKYO (Reuters) - Japan's Nikkei share average tumbled to a one-week low on Monday morning after a slide on Wall Street overshadowed encouraging U.S. jobs data, and index heavyweight SoftBank Corp <9984.T> dived in the wake of a sell-off in U.S. tech names.

Weak yen hurt S. Korean consumer goods exports to Japan, affected tourism in 2013: report

SEOUL, April 6 (Yonhap) -- A weak yen hurt South Korean consumer goods exports to Japan and influenced bilateral tourism trends last year, a report by an international traders association showed Sunday. According to the Korea International Trade Association (KITA), consumer goods exports to Japan dropped 13.1 percent on-year in 2013 to US$4.85 billion, from $5.59 billion tallied a year earlier, while imports from Japan reached $2.71 billion, a more modest 4.2 percent dip from the year before.

Japan Post to increase post offices with convenience stores to 100

Japan Post plans to triple the number of post offices with convenience stores operated by Lawson Inc. to 100 by 2016 from the current 33, company officials said Friday. Japan Post Co., a subsidiary of state-owned Japan Post Holdings Co., will also consider scrapping some of the 221 contract post offices which have been temporarily closed under the postal privatization scheme since 2007, the officials said.

Tokyo investors eye Bank of Japan meeting next week

Tokyo investors will be looking to the Bank of Japan's policy meeting next week for signs of further stimulus measures, a year after policymakers unleashed an unprecedented easing campaign to stoke the economy. Brokers said investor sentiment was upbeat, but many were keeping to the sidelines ahead of the release of key US jobs data later Friday.

BOJ's drastic monetary easing "should be highly evaluated": Aso

Finance Minister Taro Aso praised the Bank of Japan's aggressive monetary easing policy Friday, saying the nation's economy has been steadily recuperating since the central bank launched the strategy exactly a year ago. "As (the BOJ) boosted the amount of money in circulation drastically...prices have risen and the gross domestic product has expanded for the fifth straight quarter. This should be definitely highly evaluated," Aso said at a press conference.

BOJ seen holding rates as tankan signals softer outlook

By Leika Kihara TOKYO (Reuters) - The Bank of Japan is expected to stand pat on monetary policy and maintain an upbeat view of the economy next week, unfazed by corporate-sector concerns a sales tax hike may dent growth and delay a sustainable exit from deflation.

Tokyo stocks close up 1.04%

Tokyo shares rose 1.04 percent Wednesday, tracking a rally on Wall Street following solid manufacturing data and a Federal Reserve assurance of support for the US economy. The headline Nikkei 225 index added 154.33 points to close at 14,946.32, while the Topix index of all first-section shares added 0.59 percent, or 7.11 points, to 1,211.36. US manufacturing activity gained pace in March, helped by a pick-up in new orders and a rebound in production, the Institute for Supply Management said.
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