Former Bank of Japan Board Member Highlights Conditions for Exiting Accommodative Monetary Policy
Former Bank of Japan advisory board member, Tsuyoshi Kataoka, suggested on Thursday that the central bank will only be able to exit its accommodative monetary policy if it consistently meets its 2% inflation target. Speaking at the Reuters Global Markets Forum, Kataoka emphasized the importance of successful wage negotiations in the spring of 2024 to […]
Internet Securities Giants SBI Securities and Rakuten Securities Waive Trading Commissions for Japanese Stocks
Internet Securities Giants SBI Securities and Rakuten Securities Waive Trading Commissions for Japanese Stocks TOKYO (Reuters) – In a groundbreaking move, SBI Securities and Rakuten Securities, two major players in the internet securities industry, announced on August 31 that they will waive trading commissions for Japanese stocks, regardless of the transaction amount. Starting from September […]
Resilience of US Economy in Question as S&P 500 Struggles to Follow Higher
S&P 500 Struggles as Investors Question US Economy’s Resilience Investors are increasingly skeptical about the long-term strength of the US economy, making it difficult for the S&P 500 to continue its upward trajectory, according to equity strategists at Morgan Stanley. The S&P 500 has recorded a modest 14% gain this year, prompting concerns among investors […]
Wells Fargo Investment Institute Raises US GDP Growth Forecast for 2023
Wells Fargo Investment Institute Raises US GDP Growth Forecast for 2023 In a significant update, the Wells Fargo Investment Institute (WFII) revised its projection for the US gross domestic product (GDP) growth in 2023. The previous forecast of 1.1% has now been lifted to an optimistic 2.2%. This adjustment reflects a positive outlook for the […]
The Nikkei Average Drops Significantly in Tokyo Stock Market Opening Amidst Yen Strengthening
Opening of Tokyo Stock Market Sees Nikkei Average Drop Today, at the commencement of trading at the Tokyo Stock Market, the Nikkei average experienced a significant decline of 446.74 yen compared to the previous business day, settling at 32,444.42 yen. This development, captured in August 2015 at the Tokyo Stock Exchange by Yuya Shino of […]
Nikkei Stock Average Declines as NTT’s Negative Turn Worsens Market Mood
Nikkei Stock Average Declines Further as NTT Turns Negative (Tokyo, 25th Reuters) – The Nikkei Stock Average continued to decline, reaching a low of around 190 yen at one point during the afternoon trading session. This renewed the earlier low for the day, causing concerns about the deteriorating market sentiment. A domestic securities firm analyst […]
Socionext Sets Foreign Offer Price at 14,668 Yen Per Share, Main Shareholders to Sell Holdings Overseas
Socionext Sets Foreign Offer Price at 14,668 Yen per Share TOKYO (Reuters) – Socionext’s foreign offer price for their common stock has been officially set at 14,668 yen per share, according to a report submitted to the Kanto Local Finance Office. The company’s stock closed at 15,280 yen on the 11th, reflecting a discount rate […]
Nikkei Stock Average Plunges Amid Uncertainty in World Economy and Tightening US Monetary Policy
Nikkei Stock Average Plunges Amid Concerns Over Global Economy In a significant downturn, the Nikkei Stock Average plummeted by 565.68 yen to close at 32,773.02 yen on the Tokyo stock market. This decline was influenced by the overall uncertain outlook for the world economy and apprehensions surrounding an extended tightening of US monetary policy. The […]
Sharp Decline in Nikkei Stock Average Caused by Multiple Negative Factors: Expert Analysis
Nikkei Stock Average Plunges on Multiple Negative Factors Tokyo, 6th edition (Reuters) – The sharp decline in the Nikkei Stock Average today can be attributed to a combination of several adverse factors. This downward trend was triggered by the plunge in the Philadelphia Semiconductor Index (SOX Index) in the US market, following the release of […]
Nikkei Average Plunges as Global Economic Uncertainty and US Monetary Policy Concerns Hit Tokyo Stock Market
Nikkei Stock Average Falls as Global Economic Uncertainty Increases TOKYO (Reuters) – On the morning of July 6, the Nikkei Stock Average experienced a significant decline of 405.51 yen, reaching 32,933.19 yen in the Tokyo stock market. This downturn was primarily driven by uncertainties surrounding the global economy and fears of prolonged tightening of US […]
