Japan’s Chief Cabinet Secretary Hirokazu Matsuno said Tuesday that Japanese companies will be asked to respond “no” if Russia requests payment in rubles in economic transactions, especially in the energy sector. Russia last week demanded that “unfriendly” countries pay in rubles, not euros, for its gas, following the union of …
Read More »The Nikkei’s nine-day rally stopped, and the Bank of Japan’s move limits losses
Japan’s Nikkei fell on Monday, giving up a nine-day rally as investors book profits ahead of the end of the fiscal year this week. The Nikkei index closed down 0.73 percent to 27,943.20 points, after rising about 12 percent in the past nine days, to touch its highest level in …
Read More »Japan shares record longest winning streak in two and a half years
Japan’s Nikkei index rose for the ninth consecutive session on Friday, in the longest streak of consecutive gains since September 2019 as investors bought back cheap stocks even after the recent rally pushed traders to book profits. The Nikkei index changed direction, rising 0.14 percent to 28,149.84 points, bringing the …
Read More »Nikkei closes at 9-week high as oil tumbles
Japan’s Nikkei index changed direction to rise in the last hour of Thursday’s trading session after falling oil prices allayed inflation fears in a country that relies on imports for its energy needs. US crude gave up its previous gains, falling more than one percent, while investors assessed the chances …
Read More »Japan shares close at the highest level in two months
Japanese stocks closed on Wednesday at their highest levels in more than two months, as technology shares rose, following in the footsteps of their US counterparts, and auto stocks gained as the yen weakened. The Japanese Nikkei index closed up by three percent to record 28,040.16 points. The broader Topix …
Read More »Nikkei continues gains for the sixth session
Japan’s Nikkei rose for a sixth straight session on Tuesday, posting its longest winning streak since September, as rising oil prices boosted energy stocks, while financial services stocks gained on higher global bond yields. The Nikkei closed up 1.48 percent to 27,224.11 points, after touching its highest level since February …
Read More »Japan imposes new sanctions on Russian defense officials and arms export company
Japan said it would impose sanctions on 15 individuals and nine Russian organizations, including defense officials and state-owned arms exporter Rosoboronexport. The sanctions, which include asset freezes, are the latest in a series of measures taken by Japan in the wake of Russia’s invasion of Ukraine. Japan has so far …
Read More »Japan’s Nikkei averages biggest weekly gain in nearly two years
The Japanese Nikkei index ended Friday’s trading on a rise and recorded the largest weekly gain in nearly two years, tracking the impact of Wall Street gains, in light of caution over a five-day rally in local markets. The Nikkei increased 0.65% to close at 2,6827.43 points, and its gains …
Read More »4 dead after 7.4-Magnitude Earthquake Hits Coast Off Japan’s Fukushima Prefecture
Tens of thousands of Japanese families were still without electricity Thursday morning, ten hours after a powerful 7.3-magnitude earthquake killed at least four people and injured more than 100, as well as halting transportation to the northeast. Wednesday’s earthquake, off the coast of Fukushima, led to the indefinite suspension of …
Read More »Nikkei Closes at More Than Two-Week High After US Interest Rate Hike
The Nikkei index closed at its highest level in more than two weeks on Thursday, following a strong rally on Wall Street on Wednesday night, after the Federal Reserve (the US central bank) raised interest rates as expected, while boosting hopes of a breakthrough in the Russian conflict. Ukrainian morale. …
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