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Tokyo stocks fell Friday, driven down by weak high-tech issues as Wall Street's overnight gains failed to lift a listless market. The U.S. dollar was up against the Japanese yen.
Economists say Hong Kong's deflationary spiral has about run its course, and after almost six tough years of falling prices merchants were hoping Friday that the experts are right.
Tokyo stocks ended slightly higher Friday as fears eased about a possible hike in Chinese interest rates, which could hurt Japanese exports. The U.S. dollar was lower against the Japanese yen.