Tag: Tokyo

Tokyo stocks open higher as yen falls

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday with a weaker yen lifting car makers and other exporters as risk fears over last week’s US attack on Syria waned. Geopolitical tensions spiked after US President Donald Trump ordered a cruise missile strike on a Syrian air base in retaliation for a deadly chemical weapons attack in the country blamed on the regime of President Bashar al-Assad. “The US strikes were seen for what they […]

Tokyo stocks up by break as banks, autos rally

TOKYO, Japan (AFP) — Tokyo stocks rose Friday morning as automakers and banks rose on the back of a drop in the yen, with solid US growth data boosting market sentiment. The benchmark Nikkei 225 index gained 0.66 percent, or 125.61 points, to sit at 19,188.83 by the lunch break, while the Topix index of all first-section issues was up 0.70 percent, or 10.68 points, to end the morning at 1,538.27. © Agence France-Presse

Tokyo stocks down at break; eyes on G20 meeting

TOKYO, Japan (AFP) — Tokyo stocks eased Friday morning with focus turning to a weekend G20 finance ministers’ meeting, but Toshiba rebounded on reports the government may help fund the embattled firm’s turnaround. Automakers dragged the main indexes down with investors retreating to the sidelines ahead of a long holiday weekend in Japan. Markets are also awaiting news from the G20 gathering in Germany that brings together finance ministers from the world’s most powerful economies, […]

Tokyo stocks open lower as yen picks up

TOKYO, Japan (AFP) — Tokyo stocks opened lower on Monday as the yen picked up against the dollar after US jobs data beat expectations. Wall Street and most European equity markets traded firmly Friday in response to the American economy generating 235,000 new jobs in February, well above forecasts. And even though the robust reading confirmed views of a looming interest rate hike by the Federal Reserve, the dollar slipped after having risen ahead of […]

Disaster training drill held in Tokyo before March 11 Fukushima anniversary

TOKYO, Japan (Reuters) –About 100 people took part in a disaster training drill in downtown Tokyo on Friday (March 10), a day before the sixth anniversary of the March 11 earthquake and subsequent nuclear crisis. Participants were able to experience walking through a plastic tent filled with yellow smoke, get hands-on training using automated external defibrillators (AEDs), and receive free emergency rations. “I participate every year. I was surprised at the number of available automated […]

Tokyo stocks fall, Nintendo up on new console

Tokyo, Japan (AFP) — Tokyo shares finished lower on Friday after three days of gains, but Nintendo jumped as the videogame giant launched its newest console. Tokyo’s benchmark Nikkei 225 fell 0.49 percent, or 95.63 points, to end the day at 19,469.17, while the Topix index of all first-section issues slipped 0.42 percent, or 6.64 points, to 1,558.05.

Tokyo shares fall as investors await Trump speech before Congress

TOKYO, Japan (AFP) — Tokyo stocks fell Monday morning as a stronger yen discouraged investors already cautious ahead of United States President Donald Trump’s policy speech to Congress. Markets are keen to see details of Trump’s spending plans as well as proposals for tax reform, with uncertainty over their timing and size of his plans weighing on the greenback in recent weeks. Trump will address a joint session of Congress on Tuesday. “We are not […]

Tokyo stocks weaken, exports rise slower than predicted

HONGKONG, China (AFP) — Tokyo stocks fell Monday despite a strong lead from Wall Street last week, as the yen’s ongoing resilience weighed on the market and Japan’s exports rose less than predicted. Shares in Hong Kong and China both posted modest early increases with trading in Asia expected to be muted ahead of the US Presidents’ Day national holiday. Wall Street had edged up to new records Friday as consumer products stocks gained on Kraft […]

Tokyo stocks open higher before US jobs data

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Friday with the yen taking a breather as investors waited for key US jobs data later in the day. The closely watched monthly US employment report — the first under the Donald Trump presidency — was expected to show the world’s largest economy added 170,000 jobs in January, with unemployment rate holding steady at 4.7 percent. Analysts said investors remain anxious over uncertainty surrounding Trump’s policies and […]

Manny Pacquiao opens boxing gym in Tokyo

TOKYO, Japan (Reuters) — Filipino Boxer and Senator, Emmanuel “Manny” Pacquiao, unveiled his new boxing gym to the media on Friday (November 25) located in the heart of Tokyo’s trendy shopping district. The 37-year old world champion told reporters that he wished to share his talent with aspiring boxers. “(I opened this gym) to help the people to do exercise and also the boxers to discover a good boxer, and I can share my, and […]

Asian markets struggle, but dollar rally boosts Tokyo

HONG KONG, China (AFP) — The dollar barrelled ever higher Thursday, sitting at an eight-month high against the yen and fuelling another rally in Tokyo stocks but traders in most other markets turned cautious. US investors gave their Asian colleagues another strong lead with the Dow hitting a new record on Wall Street after fresh data showed further improvement in the US economy and reinforced expectations for an interest rate hike next month.  Global markets […]

Tokyo stocks open higher on weaker yen

TOKYO, Japan (AFP) — Tokyo stocks rose on Monday, extending a 10-month high as the yen remained under pressure on market expectations for a US interest rate hike next month. The key Nikkei index ploughed through the psychologically important 18,000 mark and is extending its best levels since early January. Higher US rates are likely to increase the gap between the dollar and the yen as Japan’s are expected to remain low. A weaker yen […]