Tag Archives: Nikkei

Japan’s Suga to order new economic stimulus as early as November -Nikkei

TOKYO: Japanese Prime Minister Yoshihide Suga will order his government to compile extra economic stimulus measures as early as in November, the Nikkei newspaper reported on Tuesday. The move would signal the government’s readiness to deploy more support to cushion … Continue reading

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Panasonic to buy U.S. software firm Blue Yonder for $6.5 billion: Nikkei

Panasonic Corp will buy U.S. software firm Blue Yonder for 700 billion yen ($6.45 billion), the Nikkei reported on Monday, saying it was the Japanese electronics firm’s biggest acquisition since 2011. While Panasonic bought 20% stakes of Blue Yonder in … Continue reading

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Philip Morris aims to phase out cigarettes in Japan within decade

The head of tobacco giant Philip Morris said the company aims to phase out conventional cigarettes in Japan within 10 years, in an interview with the Nikkei business daily published Friday. The Marlboro maker announced in 2016 a long-term goal … Continue reading

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Inflation | India’s service activity sinks at historic rate in April, PMI at 5.4

India’s services collapsed in April with the coronavirus-led lockdown making the sector come to a complete standstill causing a historic spike in layoffs and reinforcing fears of a deep recession, a private survey showed on Wednesday. The IHS Markit Services … Continue reading

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Japan shares today | Nikkei rebounds from 8-month lows as bargain-hunters prop auto shares

TOKYO: Japan’s Nikkei share average jumped on Monday, after plumbing an eight-month low in the previous session, as auto-related stocks rebounded from losses following Toyota Motor’s announcement of slashing global production by 40% next month. The Nikkei rose 1.78% to … Continue reading

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Nikkei | Nikkei falls for fourth day as virus worries outweigh upbeat earnings cheer

TOKYO: Japan’s Nikkei index fell for a fourth session on Tuesday, as concerns about the fast-spreading Delta variant of the coronavirus overshadowed optimism around upbeat earnings. The Nikkei share average ended 0.36% lower at 27,424.47, erasing earlier gains of 0.52% … Continue reading

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Asian shares today | Asian shares hold gains on easing Fed taper worries as Powell speech awaited

HONG KONG: Asian shares held onto their recent gains on Wednesday after last week’s pummelling, as global equities rebounded thanks to a combination of positive COVID-19 vaccine news and easing worries over tapering of Federal Reserve stimulus. MSCI’s broadest index … Continue reading

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Japanese shares today | Nikkei snaps 4-day losing streak, but Delta worries persist

TOKYO: Japanese shares bounced back on Wednesday, led by gains in Fujifilm and other defensive stocks, with the Nikkei share average snapping its four-day losing streak, but concerns about the Delta variant kept investors on guard. The Nikkei rose 0.59% … Continue reading

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Japan shares today | Japanese shares hit 3-week high on strong Asian peers, political moves

TOKYO: Japanese shares reclaimed lost ground on Tuesday to end their 11-month-long anomaly of closing lower on the last trading day of the month, helped by stronger Asian peers and domestic political developments. The Nikkei share average climbed 1.08% to … Continue reading

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Japanese shares today | Japanese shares fall on profit-booking after recent rally

TOKYO: Japanese shares closed lower for a second straight session on Thursday, as investors continued to cash in after a recent rally that was led by hopes of new political leadership. The Nikkei share average ended down 0.62% at 30,323.34, … Continue reading

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