Nikkei 225 closes at recent 30-year excessive

Tokyo’s benchmark inventory index continued its rise on Thursday, buoyed by better-than-expected figures for equipment orders throughout Japan. The features propelled the Nikkei Common to a recent 30-year excessive.

The index closed out the day at 28,698, up 0.85 % from Wednesday. That is the very best degree since August 1990. Equipment- and semiconductor-related shares led the rally.

The Nikkei briefly rose greater than 500 factors, however misplaced a few of these features as buyers took income.

The index has now prolonged its profitable streak to five days, including 6 % in that point.

The upward momentum has been helped by expectations for additional stimulus measures within the US. The brand new administration of President-elect Joe Biden is about to take workplace subsequent week.







Jan 14

Tokyo’s benchmark inventory index continued its rise on Thursday, buoyed by better-than-expected figures for equipment orders throughout Japan. The features propelled the Nikkei Common to a recent 30-year excessive.
(NHK)
Jan 14

Following strikes by its rivals, KDDI Corp. stated Wednesday it’s going to roll out new cut-price smartphone plans, additional intensifying competitors amongst cell phone carriers below intense strain from the federal government. (Japan Occasions)
Jan 14

Panasonic goals to make cobalt-free batteries accessible for Tesla’s electrical autos in two to a few years, because the Japanese electronics producer tries to maintain tempo with the U.S. automaker’s bold mission to deliver EVs into the mainstream rapidly. (Nikkei)
Jan 14

Japan’s forex in circulation and financial institution deposits rose at a report tempo in December, knowledge confirmed on Wednesday, as a resurgence in coronavirus infections prompted corporations and households to proceed hoarding money slightly than spending it.
(Reuters)
Jan 14

Elon Musk’s tweets have been identified to drive huge inventory strikes in every little thing from his personal big automaker Tesla Inc. to a tiny medical system agency that shared the title of his most well-liked messaging app. (Bloomberg)
Jan 13

Tokyo’s benchmark inventory index continues to be on a tear, hitting a 30 year-record excessive once more on Wednesday. Semiconductor-related shares continued to climb as buyers wager they’re going to be well-placed to climate the pandemic.
(NHK)
Jan 13

A former worker of SoftBank Corp was arrested Tuesday for illegally taking info from the main Japanese wi-fi provider on its ultrafast 5G expertise earlier than transferring to a smaller rival firm, police stated.
(Japan In the present day)
Jan 13

Amid excessive electrical energy demand as a consequence of unseasonably chilly climate and tight liquefied pure gasoline provide, Japan is scrambling to stop a nationwide blackout by calling on energy corporations to generate extra and the general public to make use of much less. (Nikkei)
Jan 13

A former SoftBank Corp. worker has been arrested on suspicion of illegally disclosing 5G commerce secrets and techniques to his new employer, Rakuten Cell Inc., because it was making ready to launch its personal cellular community.
(Japan Occasions)
Jan 11

Japan is contemplating extending a state of emergency from the Tokyo metropolitan space to different areas as novel coronavirus instances enhance however that would elevate the danger of a double-dip recession for the world’s third-largest financial system.
(Japan In the present day)
Jan 11

Japan’s imports of spaghetti, which is straightforward to cook dinner, hit a report excessive in 2020, apparently as a consequence of individuals refraining from going out amid the novel coronavirus disaster. (Japan Occasions)
Jan 08

Over 80,000 individuals have been dismissed or seen their employment contracts terminated slightly than renewed in Japan for causes associated to the COVID-19 pandemic because it started, the labor ministry stated Thursday. (Japan Occasions)
Jan 08

Japanese enterprise leaders stated Thursday assist might be crucial for struggling companies below a second state of emergency over the novel coronavirus in Tokyo and three neighboring prefectures, whereas they considered the choice as inevitable as a consequence of resurging infections.
(Kyodo)
Jan 08

Honda Motor will cut back car manufacturing as a consequence of a provide crunch in semiconductors, Nikkei has discovered, an indication {that a} pandemic-spurred international scarcity is threatening the auto trade.
(Nikkei)
Jan 08

A Japanese credit score analysis agency says the variety of pubs and eating places going bankrupt final 12 months hit a report excessive because of the pandemic.
(NHK)
Jan 07

Traders in Tokyo snapped up shares on Thursday on hopes for added stimulus measures within the US. An in a single day rally in New York additionally supported the rise.
(NHK)
Jan 06

A monthlong state of emergency deliberate by the Japanese authorities to include a resurgence of novel coronavirus infections is anticipated to knock trillions of yen off non-public consumption, with some economists predicting the financial system will return to contraction. (Japan Occasions)
Jan 06

Japan’s doubtless resolution to declare a state of emergency within the Tokyo space will most likely set off a contraction in January-March, analysts say, including to the headache for policymakers struggling to cushion the blow to the financial system from the pandemic. (Reuters)
Jan 06

The steadiness of cash circulating in Japan’s financial system hit a report excessive for the ninth consecutive month in December, knowledge confirmed on Tuesday, because the central financial institution continued to flood the financial system with money to cushion the blow from the COVID-19 pandemic. (Reuters)
Jan 05

Merchants at Tokyo’s Toyosu wholesale market prayed for prosperity within the 12 months forward as they held their first public sale of 2021 on Tuesday.
(NHK)




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