The Magazine for Asian Investors
Tokyo’s Nikkei closed up 327.36 points, or +1.16%, at 28,542.11 points on strong buying in tourism stocks. Investors are confident that Japan’s tourism industry will recover after the Japanese government prepared to ease immigration restrictions on foreign tourists. The gainers…
Tokyo’s Nikkei closed at 27,619.61, down 31.23 or -0.11%, amid concerns that the global economic outlook may be hurt by the Federal Reserve raising interest rates to curb inflation. The losers were Odakyu Electric Railway-3.33%, Keisei Electric Railway-2.75%, and Casio…
Asia On Monday, retail sales for July will be released in Australia, and the Leading Economic Index for June in Japan. On Tuesday, Japan publishes the unemployment rate for July. Australia publishes the building permit figures for July. On Wednesday,…
The Dow fell more than 3% on Friday (Aug. 26) after Federal Reserve Chairman Jerome Powell signaled that the Fed would continue to raise interest rates to curb inflation. The Dow Jones Industrial Average closed at 32,283.40, down 1,008.38, or…
Tokyo Nikkei closed at 28,641.38, up 162.37 or +0.57%. Investors were waiting for Federal Reserve Chairman Jerome Powell’s speech in Jackson Hole. The winners were Unitika+4.44%, Mitsui Chemicals, Inc.+3.07%. and Komatsu+2.95%. The losers were Asahi Group Holdings-2.68%, Recruit Holdings-1.94%, and…
The Nikkei in Tokyo closed at 28,794.50 points, down 135.83 points or -0.47%. The losers were Hino Motors-3.53%, CyberAgent Inc-3.21%, and Nippon Sheet Glass-2.76%. The winners were Inpex Corp +3.01%, JGC Corp+2.96%, and Daiichi Sankyo+2.75%. In Australia, the S&P/ASX 200…
Asia On Monday, Japan reports gross domestic product (GDP) for 2Q22 (preliminary estimate) and industrial production for June (latest estimate). China reports house price index for July, industrial production for July, retail sales for July, fixed asset investment for July,…
Asian stocks closed higher today, in line with the trend of most global equity markets, after the U.S. released lower-than-expected inflation figures in July. This gives investors hope that the Federal Reserve will not accelerate interest rate hikes. —– In…
Tokyo Nikkei closed down 180.63, or -0.65%, at 27,819.33 points, with a sell-off in technology stocks on weak gains. The losers are Daiwa House Industry-4.35%, Fuijitsu-3.79%, and Advantest Corp.-3.56%. The winners are Mitsubishi Materials Corp.+7.91%, Mazda Motor+7.38%, and Yokohama Rubber+7.21%.…
Tokyo’s Nikkei closed down 249.28, or -0.88%, at 27,999.96 points as investors sold Japanese technology stocks after several companies in the group reported weak results yesterday. Japan Steel Works (-9.17%), Tokyo Electron (-8.25%), and Softbank Group Corp (-7.02%) were the…
