Japanese stocks fell slightly at the end of trading today, Friday, with the yen heading towards its longest winning streak since 2018, with its rise for seven consecutive days. Hideo Hayakua, former director of the Bank of Japan, predicted in an interview with “Bloomberg” that the central bank would adjust …
Read More »Nikkei records its lowest level in a month affected by the rise of the yen
Japanese stocks recorded the worst performance among Asian markets on Wednesday, July 12, with the Nikkei index falling to its lowest level in a month, as the yen’s rise curbed a rally in the market, but the possibility of listing a unit of the SoftBank Group limited losses. The Nikkei …
Read More »Nikkei gives up most of its gains after profit-taking
Japan’s Nikkei index rose slightly at the close on Tuesday, snapping losses for five consecutive sessions, but gave up most of its early gains as investors sold shares to take profits. The Nikkei index rose 0.04 percent to 32,203.57 points at the close, while the broader Topix index reversed its …
Read More »Nikkei closes at its lowest level in more than a week as Socionext shares plunged
Japan’s Nikkei average closed Thursday at its lowest level in more than a week, dragged down by shares of chip-related companies, with Socionext falling to a daily low after its largest shareholders sold their entire stake in the fast-growing chip design company. The Nikkei fell 1.7 percent to close at …
Read More »Japan’s Nikkei decline amid profit-taking
The Japanese Nikkei index fell at the close on Wednesday for the second day in a row, amid investors taking profits that came after a wave of rises in the market recently. Fast Retailing pressured the index after the company that owns the Uniqlo brand announced a decline in monthly …
Read More »Japan’s Nikkei Index gives up a 33-year high on profit-taking
Japan’s Nikkei fell on Tuesday, giving up a 33-year high recorded in the previous session, as investors took profits, and a market holiday in the United States also added to the caution of dealers. The Nikkei index closed down 0.98 percent at 33,422.52 points, after closing at 33,753.33 points on …
Read More »Japan’s Nikkei index closed at a 33-year high
Japan’s Nikkei index closed at a 33-year high on Monday, with machinery makers leading gains, while a quarterly central bank survey indicated a recovery in business activities. The Nikkei index rose 1.7 percent to 33,753.33 points, the highest closing level since March 1990. The broader Topix index rose 1.41 percent …
Read More »Nikkei drops ahead of earnings season
The Japanese Nikkei index trimmed its losses to close lower on Friday and stop rising before the season of companies announcing their earnings, but it achieved gains for the sixth month in a row as a result of investors’ appetite to buy falling stocks. The Nikkei fell 0.14% to 33,189.04 …
Read More »Japan and South Korea agree to revive the currency exchange agreement
Japan and South Korea agreed on Thursday to revive a $10 billion currency swap pact, building on an improvement in two-way ties to bolster a regional financial safety net amid heightened geopolitical risks. The swap agreement was first agreed in 2001 as a tool to help the two countries combat …
Read More »The Chinese capital raises its hot weather warning level to the highest level
Beijing on Friday raised its hot weather alert to “red,” the highest level in a color system for weather warnings, with temperatures in many parts of the Chinese capital reaching 40 degrees Celsius. The Beijing Meteorological Administration said the capital’s official temperature, measured from the Southern Suburbs Observatory, was 40 …
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