Tokyo shares close morning lower

Share prices ended the morning weaker on balance following overnight falls on Wall Street, where investor confidence has been knocked by news of accounting irregularities at US companies, dealers said.

Worldcom lost some 90% of its value overnight after trading in the stock resumed for the first time since the company announced a $3.8bn (€3.86bn) restatement of its 2001 and first quarter 2002 earnings last Wednesday.