Japan’s Nikkei 225 achieved a new record on Thursday, reaching 45,754.93, which signifies six consecutive sessions of gains. The broadly representative Topix concluded the trading session at a record high of 3,185.35. Other Asia-Pacific markets exhibited a mixed performance on Thursday, diverging from Wall Street as investors persisted in offloading technology stocks such as Nvidia Read More
Japan’s benchmark Nikkei 225 increased by 0.3% to conclude the trading day at 45,630.31. Asia-Pacific markets exhibited a mixed performance on Wednesday following declines, prompted by comments from U.S. Federal Reserve Chair Jerome Powell, who stated that “equity prices are fairly highly valued.” Powell also indicated that the path for rate cuts remains uncertain and Read More
Japan’s benchmark Nikkei 225 index experienced an increase of 0.99%, concluding the trading day at 45,493.66. Indian tech stocks experienced a decline of nearly 3% on Monday following the announcement made by U.S. President Donald Trump late Friday regarding a $100,000 visa fee for new H-1B visas, designated for high-skilled foreign workers. In 2024, approximately Read More
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
