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Tokyo: Stocks reverse China-linked dive
[TOKYO] Tokyo stocks swung into positive territory by the close Thursday as Beijing moved to stop a hair-raising drop in Chinese shares that sparked a regional sell-off and fuelled fears about the country's economy.
The Nikkei 225 index at the Tokyo Stock Exchange, which tumbled more than three per cent at the start, rose 0.60 per cent, or 117.86 points, to close at 19,855.50.
The broader Topix index of all first-section issues pared earlier losses to end 0.16 per cent, or 2.59 points, lower at 1,579.89.