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Tokyo stocks up as Honda advances, gains limited

TOKYO, Nov 7 (Reuters) Japan's Nikkei average finished Tuesday morning up 0.72 percent after a rally on Wall Street boosted exporters such as Honda Motor Co. Ltd., while Takeda Pharmaceutical Co. gained after raising its full-year outlook.

But rises were limited as investors looked ahead to the outcome of midterm elections in the United States later in the day, as well as a series of economic data in the coming days.

The Nikkei finished the morning up 117.18 points at 16,481.94, extending gains from a rise of 0.09 percent in the previous session.

The broader TOPIX index advanced 0.52 percent to 1,625.12.

REUTERS DH VC0820

Prince hopes to bring monarchy back to S Korea

CHONJU, South Korea, Nov 7 (Reuters) Prince Yi Seok, former crooner turned teacher and tourist attraction, starts a nationwide petition drive this month to restore Korea's ancient monarchy, forced from power a century ago. It is a paradox of this bitterly divided relic of the Cold War that communist North Korea has re-established dynastic rule while South Korea, after a period of military dictatorship, changes its presidents after a single five-year term. Prince Yi insists.....

OPEC has not set an oil price floor: President

SEOUL, Nov 7: OPEC has not formally set a firm oil price floor that it intends to defend, the group's president said on Tuesday, despite comments from Venezuela that the producer group wanted to keep prices above a barrel. ''OPEC does not have a floor.... but we know when prices have fallen,'' Edmund Daukoru, who is also Nigeria's senior oil official, told a forum in South Korea.He declined to comment on how prices may move next.....

Australians arrive home and ready for Ashes

MELBOURNE, Nov 7 (Reuters) Australia's cricketers arrived home today with the Champions Trophy tucked safely under their arms and their minds focused on an even bigger prize. The Champions Trophy had eluded the Australians until their breakthrough win in India on Sunday but the trophy cabinet will not be full until they regain the Ashes from England. Australia knocked England out of the Champions Trophy to strike an early psychological blow before the Ashes,.....
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