TOKYO, Jan. 16 (Xinhua) — The Nikkei stock index lost 1.43 percent Friday, relinquishing gains made the previous day, as investors switched into yen currency havens pushing its price up versus its major counterparts and impacting export and tech- related issues, following the Swiss National Bank (SNB)’s shock decision to remove its currency cap against Read More
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TOKYO, Jan 19 (Reuters) – Japan’s Nikkei share average rose on Monday after strong U.S. economic data buoyed sentiment and the weaker yen helped exporters such as Honda Motor Co, but Sharp Corp tumbled on a profit warning. The Nikkei rose 0.9 percent to 17,014.29, recovering from a 2-1/2-month low of 16,592.57 hit on Friday. Read More
Japan’s Nikkei share average crawled back from a 2-1/2-month low on Monday morning as US stocks rebounded after strong economic data buoyed the sentiment, while the weaker yen helped exporters rise. Bucking the strength, Sharp Corp dived 9.1 per cent to 229 yen, the lowest since December 2012, after the Nikkei business daily reported that Read More
* Sharp tumbles to 2-year low on reports of losses * Fuji Heavy rises on record high production plan for 2015 * Market awaits ECB decision this week By Ayai Tomisawa TOKYO, Jan 19 (Reuters) – Japan’s Nikkei share average crawled back from a 2-1/2-month low on Monday morning as U.S. stocks rebounded after strong Read More
TOKYO (Reuters) – Struggling Japanese electronics firm Sharp Corp is set to slide back into the red this financial year, hit by fierce price competition in TVs and other key products, the Nikkei business daily reported. Sharp could post a net loss in the ‘tens of billions of yen’, also due in part to an Read More
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TOKYO (Reuters) – Japan Atomic Power Company is considering splitting itself into two units, seeking to restructure its business to focus on the decommissioning of nuclear reactors on behalf of regional utilities, the Nikkei business daily reported on Saturday. The plan appears to reflect the government’s intention to reorganise Japan’s nuclear power businesses, which have Read More
DailyFX.com – Talking Points: Sizable breakout looks imminent Range of triangle points to 1500 point move Direction yet determined, break of either key trend-lines will be confirmation The price of the Nikkei (JPN225) has been contracting for several weeks now. This action is leading to a well-defined triangle formation with a high likelihood of breaking Read More
TOKYO: Japan’s Nikkei share average fell 2.3 percent on Friday morning after US stocks dropped for a fifth day and the yen rose after Switzerland abandoned its cap on the franc, hurting Japanese exporters such as electronics and car manufacturers. By mid-morning trade, the Nikkei was Read More
Stocks nose-dived Friday, taking a heavy blow from the yen’s sharp appreciation against other major currencies. The Nikkei 225 average closed 244.54 points, or 1.43 percent, lower at 16,864.16. On Thursday, the key market gauge rose 312.74 points. The Topix lost 12.87 points, or 0.93 percent, to end at 1,363.73 after climbing 18.62 points Thursday. Read More