Apr 16, 2014

Stocks soar; Nikkei retakes the 14,000 mark

Stocks surged Wednesday on the heels of higher U.S. equities overnight, with the benchmark Nikkei average closing well above the psychologically important 14,000 line. The 225-issue Nikkei average ended up 420.87 points, or 3.01 percent, at 14,417.68, the first finish above 14,000 in four ...

Apr 15, 2014

Tokyo stocks rebound on higher U.S. equities

Stocks rebounded Tuesday from their recent rout, buoyed by higher U.S. equities and the yen’s weakening, but their topside was capped by a lack of fresh buying incentives. The 225-issue Nikkei average ended up 86.65 points, or 0.62 percent, at 13,996.81, after two days ...

Tax-free NISA luring individual investors

Apr 11, 2014

Tax-free NISA luring individual investors

by Yoshiaki Nohara and Yuko Takeo

A spring downpour last week wasn’t enough to stop Norito Nagahama from heading to a central-Tokyo brokerage to study up on Japanese stocks. “I’m here because I need to learn about investment,” said Nagahama, 39. “You get little out of bank savings.” The biggest ...

Apr 10, 2014

Futures-led selling sees Nikkei shed early gains

Stocks closed almost unchanged on the Tokyo Stock Exchange on Thursday, with early gains after four days of losses wiped out by futures-led selling in the afternoon. The Nikkei 225 ended up 0.43 point at 14,300.12. The Topix inched down 0.95 point to close ...

Apr 9, 2014

Nikkei hits three-week low on yen's surge

The Nikkei average tumbled to the lowest closing level in almost three weeks Wednesday, with the higher yen driving down export-oriented issues. The 225-issue Nikkei average ended down 307.19 points, or 2.10 percent, at 14,299.69, marking the lowest finish since March 20 and extending ...

Apr 8, 2014

Stocks fall a third session over Ukraine worries

Stocks extended their losing streak to a third session Tuesday as rekindled concerns over geopolitical risks in Ukraine dampened market sentiment. The 225-issue Nikkei average closed down 201.97 points, or 1.36 percent, at 14,606.88. On Monday, the key market gauge plunged 254.92 points. The ...

Apr 3, 2014

Nikkei tops 15,000 on robust U.S. jobs data

The Nikkei 225 average closed above 15,000 for the first time in about three weeks Thursday, boosted by purchases on strong U.S. economic data and the weakening yen. The key benchmark index grew 125.56 points to 15,071.88, closing above 15,000 for the first time ...

Apr 2, 2014

Nikkei touches 15,000 first time in three weeks

The Nikkei 225 average briefly rose above 15,000 for the first time in three weeks, boosted by purchases on the back of higher U.S. equities and the yen’s drop. The benchmark index climbed 154.33 points to end at 14,946.32 after inching over the 15,000 ...

Apr 1, 2014

Nikkei falls on disappointing 'tankan' results

The Nikkei 225 average fell Tuesday amid wariness over the course of the Japanese economy. Concerns about the economic outlook grew on a disappointing “tankan” as well as Tuesday’s consumption tax hike. The Nikkei lost 35.84 points to end at 14,791.99, snapping a four-session ...

Mar 31, 2014

Nikkei keeps advance alive on window-dressing purchases

Stocks advanced Monday, supported by a weaker yen and window-dressing purchases at the end of the fiscal year. The Nikkei 225 average climbed 131.80 points to end at 14,827.83 after rising 73.14 points Friday. The benchmark index extended its winning streak to a fourth ...

Mar 27, 2014

Nikkei rises on buybacks and higher futures

Stocks overcame early weakness to close higher Thursday, helped by buybacks in the afternoon on the back of higher index futures. The Nikkei 225 average climbed 1.01 percent to close at 14,622.89 on a gain of 145.73 points. The Topix found enough strength to ...