Asia’s best-performing market of 2023 — how will it fare in the new year?

Asia’s best-performing market of 2023 — how will it fare in the new year?

A screen displays the Nikkei 225 Stock Average figure at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Oct. 30, 2023. The expansion of Israel’s ground operations in Gaza added more pressure to global markets as investors prepare for a busy week packed with major central … Read more

Profit-taking, economic worries? Sudden stocks sell-off confounds analysts

Profit-taking, economic worries? Sudden stocks sell-off confounds analysts

Traders work on the floor of the New York Stock Exchange during morning trading on December 13, 2023 in New York City.  Michael M. Santiago | Getty Images After nine straight sessions of gains, Wall Street suddenly took a turn around an hour and a half before the closing bell on Wednesday, leading the S&P … Read more

Toyota shares slide 4% after vehicle recall, Daihatsu safety issues

Toyota shares slide 4% after vehicle recall, Daihatsu safety issues

Japanese automaker Toyota led losses on the Japan’s benchmark Nikkei 225 index Thursday, closing lower by 4%. The sharp fall came after Toyota announced a recall of about a million vehicles on Thursday. The safety recall involved certain 2020-2022 Toyota and Lexus models in the United States. The sell-off also comes after Toyota subsidiary Daihatsu halted shipments of all its vehicles on Wednesday, after an investigation found … Read more

BOJ sticks to ultra-easy monetary policy amid high uncertainties; yen tumbles

BOJ sticks to ultra-easy monetary policy amid high uncertainties; yen tumbles

Kazuo Ueda, governor of the Bank of Japan (BOJ), gestures as he speaks during a news conference at the central bank’s headquarters in Tokyo, Japan, on Tuesday, Oct. 31, 2023. Kiyoshi Ota | Bloomberg | Getty Images Japan’s central bank left its ultra-loose monetary policy unchanged at its final meeting this year, a move that … Read more