Source AP ©

Japanese stocks fall amid selling of blue-chip exporter shares

Japanese stocks retreated moderately Tuesday as blue-chip exporters like Honda Motor dipped on profit-taking following recent gains.

The benchmark Nikkei 225 index fell 79.07 points, or 0.45 percent, to finish at 17,664.69 points on the Tokyo Stock Exchange. On Monday, the index rose 1.48 percent to a six-week high.

Losers included Honda Motor Co., which lost 2.15 percent to 4,100 yen (US$34.45), and Sony Corp., which slipped 0.47 percent to 6,410 yen (US$53.87).

Technology and telecommunication stocks also declined, with Elpida Memory Inc. shedding 1.96 percent to 5,000 yen (US$42.02).

The broader Topix index, which includes all shares on the Tokyo exchange's first section, lost 2.41 points, or 0.14 percent, to 1,735.69. The Topix added 1.22 percent the previous day.

In currency dealings, the U.S. dollar was trading at 119.02 yen at 2:50 p.m. (0550 GMT) Tuesday, down from 119.29 yen late Monday in New York. The euro rose to US$1.3420 from US$1.3360.

Comments
Russians lose faith in their future, get ready for worse
Without INF Treaty, USA can destroy Russian nuclear weapons easily
Malaysia complains of faulty Russian Sukhoi Su-30 fighter jets
Without INF Treaty, USA can destroy Russian nuclear weapons easily
USA plays to pretend a mighty dragon that can no longer breathe fire
USA plays to pretend a mighty dragon that can no longer breathe fire
Putin sees no drama if Russia misses Davos forum
Macron challenges Trump. French independence and croissants at stake
Putin's three days in Singapore mark Russia's major geopolitical changes since 2000
Putin's three days in Singapore mark Russia's major geopolitical changes since 2000
Moving inexorably towards war
Putin dislikes the idea of US army bases coming to Kuril Islands
Putin dislikes the idea of US army bases coming to Kuril Islands
Putin sees no drama if Russia misses Davos forum
How can Americans and Russians understand each other?
How can Americans and Russians understand each other?
How can Americans and Russians understand each other?
Brexit: The UK's misunderstanding of Democracy
Russian FM Lavrov warns of possible war between Russia and USA
Norwegians complain of demoralised NATO soldiers
The West still does not know what the Russian way of warfare is like