Japanese shares experienced a significant decline on Tuesday, driven by a resurgence of geopolitical tensions that negatively impacted risk sentiment. Additionally, a sudden appreciation of the yen exerted pressure on exporters. The benchmark index slid 1.7% to close at 65,269.33. The broader Topix declined by 1.83%, settling at 4,050.33. Iran has intensified its threats toward Read More
Japan’s Nikkei share average ended a four-session decline on Friday, propelled by a 12% surge in the index heavyweight SoftBank Group and supported by a robust performance on Wall Street the previous nite. The Nikkei closed 1.26% higher at 65,020.94, yet it recorded a weekly loss of 2%. Technology investor SoftBank Group experienced a notable Read More
The Nikkei 225 Index declined by 2.85%, closing at 64,325 on Wednesday, reaching four-week lows as rising global bond yields and oil prices exerted significant pressure on equities. Oil prices increased for a third straight session as tensions between the US and Iran intensified, raising inflationary concerns and driving global bond yields upward. Japan’s 10-year Read More
Tokyo stocks concluded the trading session on September 1 with a mixed performance. The Nikkei 225 finished at 66,215.34, reflecting a decline of 96.59 points, or 0.15%. This downturn was influenced by increasing bond yields and a downturn in semiconductor shares. Conversely, the broader TOPIX experienced an uptick, rising by 25.57 points, or 0.62%, to Read More
Japan’s Nikkei share gauge experienced a slight decline on Monday, influenced by increasing expectations for central bank rate hikes that impacted risk sentiment. The benchmark Nikkei 225 declined by 1.97%, concluding the session at 65,096.63, after rebounding from a prior drop of up to 2.37%. The broader Topix declined by 0.84%, settling at 4,111.71. Wall Read More
Japan’s economy expanded 1.1% in the second quarter on an annualised basis, falling short of expectations for 2% growth as weaker domestic demand countered robust exports. The figure was compared to the 2.1% in the previous quarter. This marks the inaugural complete quarter reflecting the ramifications of the Iran war, which has resulted in elevated Read More
Japan’s Nikkei share average experienced an uptick on Thursday, driven by chip-related stocks that mirrored the upward movement of their U.S. counterparts from the previous night. However, the potential for an early rate hike from the Bank of Japan constrained the extent of these gains. The Nikkei increased by 0.47% to 66,424.44 at the midday Read More
On Tuesday, Japan’s Nikkei share average reached a record high following the Bank of Japan’s anticipated interest rate hike, while indicating no immediate need for additional monetary policy tightening. Japanese government bonds experienced a decline following the decision to increase the key rate by a quarter point to 1%. Meanwhile, the yen remained relatively stable Read More
Asia-Pacific markets experienced an uptick on Friday, following the upward trajectory of US Market, as geopolitical tensions subsided and investors evaluated the Bank of Japan’s choice to maintain its interest rates at current levels. Japan’s central bank maintained its key policy rate at 0.75% as the nation approaches an election in which Prime Minister Sanae Read More
On Monday, Asian market experienced a significant increase, reaching their highest levels in six weeks. Concurrently, the U.S. dollar hovered near a nearly three-month low, driven by expectations that the Federal Reserve may reduce interest rates next year. This outlook has also contributed to a robust rally in precious metals. Silver experienced a significant increase, Read More
