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
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
