China appreciates Papua New Guinea's (PNG)'s decision to close the "Taipei Economic Office" in the country, a Chinese Foreign Ministry spokesman said on Friday, in commenting on reports about the PNG government's announcement to this effect on July 15.
"China highly appreciates the PNG government's closure of the so-called 'Taipei Economic Office.' This once again demonstrates that upholding the one-China principle is where global opinion trends and the arc of history bends," said Lin Jian, the spokesman, at a press conference in Beijing.
PNG's closure of "Taipei Economic Office" reflects general trend of international community: spokesman
PNG's closure of "Taipei Economic Office" reflects general trend of international community: spokesman
Tokyo stocks closed mixed Friday, with investors taking profits from heavyweight technology shares, while bargain hunting in other sectors helped offset some of the losses.
The benchmark 225-issue Nikkei Stock Average ended down 76.55 points, or 0.12 percent, from Thursday at 65,606.71.
The broader Topix index, meanwhile, finished 19.08 points, or 0.47 percent, higher at 4,074.93.
The Nikkei index fell in the morning session, as investors lacked fresh market catalysts after earnings announcements from major companies largely concluded. Sentiment was also weighed down by a rise in West Texas Intermediate crude oil futures above 75 U.S. dollars per barrel. Meanwhile, investors shifted funds from technology stocks into other sectors, helping support the broader market, analysts said.
Stocks were lifted in the afternoon, with buybacks in artificial intelligence- and semiconductor-related shares gaining momentum after Fujikura Ltd., a major supplier of cables for AI data centers, raised its forecast for the current fiscal year in its latest earnings results released during the session.
Tokyo stocks end mixed
