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Tokyo stocks fall back on Mideast tensions, rise in crude oil prices

TOKYO (Kyodo) -- Tokyo stocks fell Thursday, with the Nikkei stock index briefly losing more than 2 percent and giving up much of the previous day's g

Lower House set to pass ¥3.11 trillion extra budget to ease Mideast war impacts

The budget will create a new reserve fund to respond to developments in the conflict while aiding impacted energy users and replenishing the existing reserve fund.

Dollar hits 160 yen line, 1st time since late April, on Mideast concerns

TOKYO (Kyodo) -- The U.S. dollar briefly topped the 160-yen line in Tokyo on Wednesday amid Middle East uncertainty, hitting the important psychologic

Japan unveils ¥3.1 trillion extra budget to cushion Mideast impact

While the government has yet to specify the usage of that fund, it is expected to be used initially to cap costs for gasoline.

Editorial: Japan gov't must confront public anxiety over naphtha shortages amid Mideast war

As the turmoil in the Middle East drags on, concerns have been raised over shortages of naphtha, which is refined from crude oil. While Japanese Prime

Japan ethylene plants' operating rate at record low amid Mideast disruption

TOKYO (Kyodo) -- The operating rate of plants in Japan producing ethylene, used widely to make detergents, pharmaceuticals and paints, hit a record lo

Nikkei ends at record high above 66,000 on Mideast hopes, tech gains

TOKYO (Kyodo) -- The Nikkei stock index ended at a record high on Friday, climbing over 2 percent to close above 66,000, on hopes for the end of the I

Japan's crude imports plunge 50% since Iran war, exposing Mideast reliance

Pilgrims from the West flock to hajj despite Mideast war

For many, the chance to perform the sacrosanct Muslim rite has taken precedence over the fears of instability caused by the war against Iran.