Around the World's Markets: Tokyo

JAPANESE STOCKS ended little changed, with foreign buying offsetting domestic selling of cross-shareholdings ahead of the fiscal year end. The Nikkei 225 stock index closed up 30.95 points, or 0.19 per cent, at 16,016.99. June Nikkei futures stood 110 points lower at 15,980.

Speaking at a ministerial meeting of Asian countries, Eisuke Sakakibara, the top Japanese finance official known as "Mr Yen", called for a radical shake-up the world's financial system.