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TOKYO, JAPAN (AFP) — Tokyo stocks opened lower Wednesday after hitting a 25-year high the day before, as the yen firmed against the dollar and Wall Street’s rally lost steam. The benchmark Nikkei 225 index fell 0.53 percent, or 121.74 points, to 22,815.86 in early trade while the broader Topix index was down 0.30 percent, or 5.40 points, at 1,807.89. “After the Nikkei index rose above benchmark levels in the past few days there is […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher Thursday, helped by a tailwind from an upbeat Wall Street and a cheaper yen, as traders begin to factor in this weekend’s election in the world’s third-biggest economy. The benchmark Nikkei 225 index rose 0.39 percent, or 82.33 points, to 21,445.38 in early trade, while the broader Topix index was up 0.30 percent, or 5.18 points, at 1,729.82. The dollar was higher at 113.05 yen in early […]
by Karyn Nishimura-Poupee Agence France-Presse TOKYO, Japan (AFP) – The Tokyo stock market might be riding two-decade highs, but a growing number of Japanese are choosing to stash their cash in the humble home safe, wary of negative interest rates in the bank and out of the view of eagle-eyed tax officials. It is no secret that Japan has some of the world’s biggest savers, learning from an early age to put aside some of their hard-earned […]
TOKYO, Japan (AFP) — Tokyo’s benchmark Nikkei index rose past 20,000 for the first time in six weeks on Tuesday after Wall Street edged up to a new record close and a weak yen lifted exporters. The bellwether Nikkei 225 index climbed 1.12 percent, or 223.25 points, to 20,132.75 in early trade, breaching the barrier of 20,000 for the first time since early August. The broader Topix index was up 1.01 percent, or 16.58 points, […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher Monday on upbeat Japanese data and a weaker yen, with the North Korea crisis in focus as the US pushes for a UN Security Council vote on tough new sanctions against the nuclear-armed state. The benchmark Nikkei 225 index rose 0.89 percent, or 171.86 points, to 19,446.68 in early trade while the broader Topix index was up 0.89 percent, or 14.16 points, at 1,607.70. “Players are relieved […]
TOKYO, Japan (AFP) — Tokyo shares opened slightly down Monday as the yen remained stronger after a lackluster United States jobs report late Friday and the London attack escalated political uncertainties. The dollar fetched 110.39 yen in early Asian trade, down modestly from 110.44 yen late Friday in New York, as weak US jobs data weighed on US Treasury yields. “The numbers were solid enough to keep the Fed on track for a June hike, […]
TOKYO, Japan (AFP) — Tokyo stocks opened lower on Wednesday after the yen rose to five-month highs against the dollar on concern over tensions in the Middle East and on the Korean Peninsula. Investors were subdued as they watched developments following last week’s US strike on Syria and intensifying sabre-rattling by the United States and North Korea. Nervous investors often plough into the yen at times of instability as it is seen as a safe […]
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 […]
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, Japan (AFP) — Tokyo stocks lost ground Friday morning as a strong yen weighed on exporters and Wall Street had a mixed performance. The blue-chip Dow Jones Industrial Average hit a tenth consecutive all-time high to break a 30-year record, but the S&P 500 barely rose and the tech-heavy Nasdaq declined. US stocks have been on a record run since President Donald Trump took office last month, with investors cheered in recent days by […]
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 […]
HONG KONG, China (AFP) — Most Asian markets rose again Friday following another positive lead from Wall Street, with Tokyo boosted by a plunging yen, although traders remain nervous about the outlook for global trade with Donald Trump in the White House. After one of the best weeks in January, gains were tempered with investors taking a breather as they keep an eye on developments in Washington where Trump is pushing on with his “America […]
