Japan’s benchmark Nikkei share average tumbled more than 4% on Monday in reaction to a sharply stronger yen after perceived monetary policy hawk Shigeru Ishiba won the contest to become the country’s prime minister. The Nikkei traded 4.11% lower at 38,191.13 as of 0020 GMT, while the broader Topix index shed 2.9%. Japanese government bond … Read more
SYDNEY: Asia share markets were mostly firmer on Monday as China announced more stimulus measures, though the Nikkei dived on concerns Japan’s new prime minister favoured normalising interest rates. Continued Israeli strikes across Lebanon added geopolitical uncertainty to the mix, though oil prices were still weighed down by the risk of increased supply. The week … Read more
Japan’s Nikkei share average rebounded in early trade on Friday, as a surprise drop in U.S. unemployment claims assuaged recession fears, while a softer yen also provided some respite. The latest unemployment data suggested that fears the U.S. economy could be heading for a hard landing may have been overblown and the gradual softening in … Read more
Japanese stocks jumped at the open on Tuesday, underpinning a recovery across battered Asian share markets and even triggering circuit breakers in some, after central bank officials said all the right things to soothe investor nerves. The Nikkei soared more than 8% to above 34,000 in the opening minutes of trading, rebounding sharply from its … Read more
Share markets slid and bonds rallied in Asia on Monday as fears the United States could be heading for recession triggered mass risk aversion and wagers interest rates will have to fall sharply, and quickly, to support growth. Investors began where they finished on Friday by knocking Nasdaq futures down 1.87%, while S&P 500 futures … Read more
Japan’s benchmark Nikkei 225 stock index plunged 6.7% early Monday before recovering some lost ground, extending sell-offs that began last week. The Nikkei had shed more than 2,400 points to 33,488.08 about a half-hour after opening. By about an hour after trading began, the index was down 5.3%, or about 1,900 points, at 34,010.69. Stocks … Read more
Tokyo: Japan’s benchmark Nikkei 225 index surged Thursday past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth. The index closed Thursday at 39,098.68, up 2.2%. Its previous record was 38,915.87, set on December 29, 1989. So now it is back to where it was 34 … Read more
As Japanese shares finally reclaim past peaks it harks back to a time when everyone in the country seemed to be a stock market millionaire – a Tokyo car park was worth more than New York’s Central Park and the future looked like one endless party. It is difficult now, after three long decades of … Read more
Japanese shares hit 34-year highs on Friday and strong earnings had the S&P 500 at record close, while oil prices were set for a sharp weekly rise on Israel’s rejection of a ceasefire offer from Hamas. Trade was lightened in Asia by the closure of Chinese markets for the Lunar New Year break and by … Read more
