Japanese Prime Minister Yoshihide Suga said on Wednesday, his government will focus to achieve fiscal targets including the target to bring primary balance to surplus. The government will also strive to raise the nationwide average minimum wage to JPY1,000 an hour soon.
Read More »Japan Shares Close Lower Ahead of US Inflation Data
Japanese shares closed lower on Wednesday, June 9, on profit-taking sales of shipping and semiconductor shares, while investors awaited US inflation data that may have an impact on when the US Federal Reserve will reduce its stimulus program. Financial sector stocks and insurance companies fell after the decline in US …
Read More »Japan Shares Rise on US Jobs Data
Japanese shares closed higher on Monday after US jobs data eased fears of an early Federal Reserve policy easing, but strong profit-taking capped gains amid caution ahead of US inflation data this week. The Nikkei index rose 0.27% to 29,019.24 points, after it rose 1% earlier in the session, approaching …
Read More »Japan Shares Mixed Before US Data
Japanese stocks were mixed at the close Friday, June 4, affected by growth-related stocks, while investors awaited the important US jobs report, which may increase concerns about inflation and talk of reduced purchases by the Federal Reserve. The Nikkei index closed down 0.40% to 28,941.52 points after two days of …
Read More »Japan Shares Close Higher as Vaccinations Boost Hopes
Japanese shares closed higher on Thursday, as the broad Topix index hit its highest level in more than six weeks as the country’s vaccination campaign increased activity, raising hopes that the economy will recover from pandemic-related restrictions. The Nikkei index rose 0.39% to 29,058.11 points, while the broader Topix index …
Read More »Japan Shares Rise With Hopes of Resuming Economic Activities, Travel And Real Estate Companies
Japanese shares closed higher on Wednesday, June 2, buoyed by gains in the hotel sector, as increased activity in vaccination campaigns raised hopes of resuming economic activities, while shares of automakers rose to new records amid an increase in global demand. The Nikkei index rose 0.46% to close at 28946.14 …
Read More »Japan’s Nikkei Closes Lower Before Important US Data
The main Japanese stock index, Nikkei, closed slightly lower on Tuesday, June 1, as investors awaited two important US economic reports, but losses were limited by hopes that the local economy would return to normal activity in light of the increase in vaccination activity despite the delay. The Nikkei index …
Read More »Japanese Factory Production Grows in April Thanks to Capital Goods
Japan’s industrial production continued to grow in April as manufacturers benefited from a recovery in appetite for capital goods, especially in key overseas markets. The world’s third-largest economy is expected to grow this quarter at a much slower pace than previously thought after the government extended anti-coronavirus measures in Tokyo …
Read More »Japan Shares Close Lower on Profit-Taking
Japanese shares closed lower on Monday, as investors booked profits after a recent rally, but losses were limited thanks to a positive conclusion from domestic drug makers. The Nikkei index lost 0.99% to record 28,860.08 points at the close, while the broader Topix index fell 1.26% to 1922.98 points. The …
Read More »Japan Shares Close Higher With Growing bets on Recovery on Vaccine
Japanese stocks closed higher on Friday, May 28, as investors flocked to stocks linked to the wave of selling launched in the previous session by an adjustment by MSCI, while progress in the launch of vaccines raised risk appetite in hopes of a rapid economic recovery. The Nikkei index rose …
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