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The Nikkei soared to a 15-year high on Thursday, and with no squalls on the horizon, Japanese stocks are likely to continue sailing higher, say analysts. “Investors are buying Japanese stocks on the fundamentals,” said Mizuho Securities’ chief technical strangest Yutaka Miura. “The economy is out of recession, wages look set to rise and corporate Read More

(Bloomberg) — Japan stocks rose, with the Nikkei 225 Stock Average heading for the highest close in 15 years, as the biggest banks jumped and Trend Micro Inc. and Sony Corp. gained. Mitsubishi UFJ Financial Group Inc., Japan’s largest lender, climbed 3.1 percent to be the biggest support to the Topix Index as banks led Read More

Tokyo’s Nikkei 225 closed at a 15-year high on Thursday, sitting at a level last seen when Sony’s groundbreaking PlayStation 2 hit the shelves, the Dot-com bubble was collapsing and Bill Clinton still occupied the White House. The benchmark index at the Tokyo Stock Exchange rose 0.36 percent, or 65.62 points, to 18,264.79, its best Read More

(Bloomberg) — Japan stocks rose, pushing the Nikkei 225 Stock Average to the highest close since May 2000, as the biggest banks jumped and Trend Micro Inc. and Sony Corp. gained. Mitsubishi UFJ Financial Group Inc., Japan’s largest lender, climbed 3.6 percent to be the biggest support to the Topix index as banks led gains Read More

TOKYO, Feb 19 (Reuters) – Japan’s Nikkei average rose to a 15-year high on Thursday morning, helped by gains in such stocks as financial and shipping companies. The Nikkei was up 0.6 percent at 18,307.25, its highest level since May 2000. The broader Topix added 0.6 percent to 1,491.05 and the JPX-Nikkei Index 400 gained Read More

TOKYO, Feb 18 (Reuters) – Japan’s Nikkei share average closed at a fresh eight-year high on Wednesday after U.S. stocks rallied on hopes that a debt deal would be reached with Greece, while investors digested the Bank of Japan’s decision to keep policy unchanged. The Nikkei closed 1.2 percent higher at 18,199.17, the highest closing Read More

Derailed CSX train in West Virginia hauled newer-model tank cars An oil train was still on fire and leaking in West Virginia on Tuesday, a day after it derailed and erupted in flames, according to CSX Corp, which said the train was hauling newer model tank cars, not the older versions widely criticized as prone Read More

By Ayai Tomisawa TOKYO, Feb 18 (Reuters) – Japan’s Nikkei share average rose to a fresh eight-year high on Wednesday after U.S. stocks rallied on hopes that a debt deal would be reached with Greece, while investors digested the Bank of Japan’s decision to keep policy unchanged. After the morning session closed, the BOJ maintained Read More