By Shinichi Saoshiro
TOKYO, Aug 9 (Reuters) - Japan's Nikkei rose on Friday,
pulling away from seven-month lows as investors took heart from
a bounce on Wall Street although fresh concerns about global
trade hung over sentiment.
Stock gains were limited by renewed worries about the
U.S.-China trade dispute after a report that the White House is
delaying a decision on whether to allow U.S. companies to do
business with China's Huawei Technologies. The Nikkei share average .N225 was up 0.64% at 20,724.64
as of 0147 GMT.
The index slid to 21,110.76 on Tuesday, its lowest since
Jan. 10, as an intensification of the U.S.-China trade war
knocked sentiment. It was headed for a weekly loss of 1.7%.
Natural gas and oil developer Inpex Corp 1605.T advanced
2.7% after its operating profit soared 40.7% in the April-June
quarter. Cosmetics company Shiseido Co 4911.T climbed 8.8% after
reporting an increase in sales for the Jan-June period thanks in
part to steady demand in the Chinese market. Shinsei Bank 8303.T slid more than 10% after private
equity investor JC Flowers & Co said it will sell $700 million
of the lender's shares. Fuji Film Holdings Corp 4901.T sank 5.3% as its net profit
slid 48.2% in the April-June quarter amid a decline in the sales
of its camera department. The broader Topix .TOPX added 0.49% to 1,505.94.
(Editing by Sam Holmes)