LOS ANGELES Japanese stocks rose in early Wednesday trading, benefitting from Wall Street gains overnight and an advance for the U.S. dollar and euro against the yen. The Nikkei Stock Average rose 0.4% to 8,796.33, with the Topix up 0.5%, as exporters helped lead the rise. Olympus Corp. improved by 3.3%, NEC Corp. climbed 2.9%, Nissan Motor Co. traded 1.9% higher, and Mazda Motor Corp. tacked on 2.2%. U.S. earnings from the likes of Goldman Sachs Group Inc. and Coca-Cola Co. helped boost Tokyo sentiment. Chip major Intel Corp. , however, cut its sales outlook late Tuesday, though computer-related names were mixed on the Japanese market, with Renesas Electronics Corp. rising 1.2%, but Kyocera Corp. down 1.6%. Real-estate shares also saw some gains, with Mitsui Fudosan Co. up 2%, Mitsubishi Estate Co. higher by 1.6%, Sekisui House Ltd. rising 1.4%. Shares in online retailer Rakuten Inc. rose 1.1% after a Nikkei business daily report saying it would post a record high operating profit for the first half of the year.
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