Japanese stocks rose on Wednesday, supported by a rebound in the auto sector after a report by analysts gave positive expectations for the sector’s profits, but limited cautious gains in trading ahead of the monthly data on US employment in the non-farm sectors. The Japanese Nikkei index rose 0.65 percent …
Read More »Nikkei closes at the highest level in a month amid optimism about growth in China
Japan’s Nikkei index closed at its highest level in more than a month on Monday, boosted by equipment and technology shares, after stimulus measures in Shanghai and the easing of Covid-19 restrictions calmed fears of a sharp slowdown in China, the world’s second-largest economy. The Nikkei index rose 2.19 percent …
Read More »US benefits depend on Pacific trade pact
While the United States did not lose the trade war, it has not won it either. China’s economy has more keenly felt the brunt of increased tariffs, but if the goal was to force China to change its unfair trade practices, that effort has fallen flat.The United States has long …
Read More »Nikkei closes higher after falling for three sessions as Wall Street rises
Japan’s Nikkei ended three straight sessions of losses on Friday, tracking Wall Street’s overnight rally, although gains were limited as investors began selling shares as the index approached the sentimentally significant 27,000 point level. The Nikkei index rose 0.66 percent to close at 2,6781.68 points, and closed up by 0.16 …
Read More »Nikkei dips on chip-related stock losses
Japan’s Nikkei fell for the third consecutive session on Thursday, as losses in blue chips-related blue chips outweighed a jump in airline and rail stocks. The Nikkei fell 0.27 percent to close at 26,604.84 points, giving up the gains recorded earlier in the session, supported by a strong closing of …
Read More »Reuters: Japan government to urge BOJ to meet inflation goal sustainably
Japan’s government is seen calling on the Bank of Japan (BOJ) to strive for achieving its 2% inflation target in a “sustainable and stable fashion,” Reuters reports on Wednesday, having seen a draft of its long-term policy outline. “The government will continue to conduct macro-economic policy flexibly … with a …
Read More »Nikkei falls on lower US futures and Asian stocks
Japan’s Nikkei fell at the close on Tuesday, dragged down by declines in US futures and Asian stocks, as investors looked for fresh stimulus after the corporate earnings season ended, which in turn weighed on sentiment. The Nikkei gave up the gains recorded earlier in the session and closed down …
Read More »Japan’s Nikkei index rises 1% to cross the 27,000-point barrier
The Japanese Nikkei index closed up by one percent on Monday, to return to the level of 27,000 points, tracking early gains in US stocks. The Nikkei rose to 27,047.47 points on the day shortly after the open, approaching its highest level in a month but then retreating, before rising …
Read More »Japan’s Nikkei closes higher amid buying in lower stocks
Japanese shares closed higher on Friday, recovering from a nearly 2 percent drop in the previous session, as investors snapped up falling stocks on hopes of corporate earnings growth. The Nikkei index ended trading up 1.27 percent at 2,6739.03, and recorded a weekly gain of 1.18 percent. The broader Topix …
Read More »Nikkei closes at a two-week high after retail sales data boosted Wall Street
Japan’s Nikkei hit a two-week closing high on Wednesday and major tech stocks led the way after US stocks closed significantly higher overnight on strong retail sales data. The Nikkei index closed up 0.94 percent at 26,911.20 points, after briefly exceeding the 27,000 points level, its highest closing level since …
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