On Friday, Japan’s benchmark Nikkei 225 index experienced a reduction in its gains, ultimately declining by 0.59%. The Japanese yen experienced an appreciation of 0.36% relative to the dollar, reaching a value of 147.45. This movement followed the Bank of Japan’s decision to maintain its policy rate at 0.5%. The benchmark index achieved a new Read More
On Wednesday, the U.S. Federal Reserve announced a reduction in interest rates by a quarter point, resulting in the overnight funds rate now falling within the range of 4% to 4.25%. The market had already fully incorporated that move, resulting in traders receiving precisely what they anticipated. The decision reached by the Federal Reserve was Read More
On Wednesday, Japan’s benchmark Nikkei 225 index experienced a decline of 0.12%. In August, Japan’s exports experienced a contraction that was less severe than anticipated, driven by a rebound in shipments to its primary trading area — Asia. However, the overall growth remained in the negative territory for the fourth consecutive month. Japanese shipments experienced Read More
Japan’s Nikkei 225 exceeded the 45,000 threshold, reaching a new all-time high on Tuesday. Alphabet entering the $3 trillion valuation club, alongside only Apple, Microsoft, and Nvidia. The parent company of Google owes its place in that exclusive realm to artificial intelligence. Interestingly, it’s not due to the fact that Google’s AI solutions have been Read More
In early trading on Monday, Kospi index reached a record high of 3,420.23, achieving its 10th consecutive session of gains. This surge followed Finance Minister Koo Yun-cheol’s announcement that the government would abandon its earlier proposal to increase taxes on stock investments. In other regions, Asia-Pacific markets exhibited a mixed performance as investors monitored the Read More
Japan’s benchmark Nikkei 225 increased by 0.89% to finish at 44,768.12, following a new record high on Thursday. SK Hynix’s shares surged on Friday following the announcement of the completion of HBM4 development, the newest generation of high-bandwidth memory considered crucial for artificial intelligence applications. The company’s shares increased by more than 7%, reaching their Read More
Japan’s benchmark Nikkei 225 achieved a record high of 44,396.95 on Thursday, reflecting the upward momentum, driven by optimism surrounding potential Fed-rate cuts and favorable inflation data. SoftBank Group, a significant player in the Nikkei 255, surged over 10%, achieving gains for the second consecutive day. A report indicates that OpenAI has entered into a Read More
Japan’s Nikkei 225 benchmark increased by 0.87%, closing at a record high of 43,837.67, while the Topix saw a rise of 0.6%, finishing the trading session at 3,140.97. Asia-Pacific markets experienced an uptick on Wednesday, following the positive momentum. This rise was fueled by increasing optimism regarding a potential rate cut by the Federal Reserve, Read More
Nikkei 225 turned downward, declining by 0.42% to close at 43,459.29 after reaching a record high earlier in the day, in the wake of Prime Minister Shigeru Ishiba’s resignation announcement on Sunday. The Topix declined by 0.51%, settling at 3,122.12. “Investors are anticipating that the upcoming leader from the ruling Liberal Democratic Party may initiate Read More
Nikkei increased by 1.5% after the prime minister’s statement, which followed weeks of growing pressure due to his national election defeat late last year. Asia-Pacific markets experienced a predominantly positive session on Monday as investors evaluated the resignation announcement of Japan’s Prime Minister Shigeru Ishiba over the weekend, while also focusing on significant economic data Read More
