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STOCKS

Tokyo stocks rallied on Wednesday as ballots were counted in the U.S. presidential election.
BUSINESS / Markets
Nov 6, 2024
Tokyo stocks rally and yen falls as Trump nears election win
The 225-issue Nikkei stock average rose 2.61% on the day while the yen fell 1.6% against the dollar as it became increasingly apparent that Donald Trump would likely win.
Nvidia CEO Jensen Huang speaks during the launch of the supercomputer Gefion in Kastrup, Denmark, on Oct. 23. Nvidia's recent strength has come as the company calmed investor concerns about issues involving its Blackwell chip, which was delayed due to engineering snags, as well as its long-term growth prospects.
BUSINESS / Companies
Nov 6, 2024
Nvidia rides AI wave to surpass Apple as world’s largest company
Its share price rose 2.9% to $139.93 on Tuesday, taking its market capitalization to $3.43 trillion, ahead of Apple's $3.38 trillion.
A screen showing the yen's exchange rate against the U.S. dollar in July
BUSINESS / Economy
Nov 5, 2024
Yen is the first of many Japanese assets set to pivot on U.S. election
Given the size and liquidity of its markets, Japan will be in particular focus during the U.S. election.
People line up outside an Apple store in Beijing on Sept. 20.
BUSINESS / Markets
Nov 4, 2024
Buffett keeps cutting Apple stake, with value down 60% this year
Berkshire cut its Apple holdings by roughly 25% in the period, after cutting it by almost half in the second quarter.
Chipmaker Nvidia will replace rival Intel in the 128-year-old Dow Jones Industrial Average prior to the start of trading on Nov. 8.
BUSINESS / Tech
Nov 2, 2024
Nvidia to replace Intel in the Dow Jones Industrial Average
The company will replace rival Intel in the 128-year-old Dow Jones Industrial Average prior to the start of trading on Nov. 8.
A perfect storm of political uncertainty at home and abroad is brewing for markets in Japan.
BUSINESS / Markets
Nov 1, 2024
Investors in Japan place — and hedge — their bets ahead of U.S. election
Donald Trump's lead in U.S. battleground-state polls, coupled with the outcome of Sunday's Lower House election, is fueling bets on the dollar against the yen.
Government Pension Investment Fund saw a loss of 3.6% in the three months through September, with assets totaling ¥248.2 trillion ($1.6 trillion), it said Friday.
BUSINESS / Companies
Nov 1, 2024
GPIF has worst loss since 2020 as yen strength hits assets
GPIF, one of the world’s largest state pension funds, incurred losses in three of four major asset classes.
The close for the Tokyo Stock Exchange, Asia’s second-biggest equities market, will be moved back to 3:30 p.m. from Tuesday.
BUSINESS / Markets
Nov 1, 2024
High-frequency traders get an extra 30 minutes for Japan stocks
The extra half-hour is raising concerns among market participants who fear the shift will give rise to machine-driven price moves.
A Google logo at the firm's Bay View campus in Mountain View, California, on Aug. 13
BUSINESS / Tech
Oct 30, 2024
Alphabet's AI investments boost cloud sales and lift maturing ad business
Alphabet shares rose nearly 6% in after-market trading on Tuesday.
Samsung’s stock has plunged 32% from July’s peak as it lags behind rivals in AI memory and chipmaking, shedding $122 billion in market value and investor confidence.
BUSINESS / Companies
Oct 30, 2024
Samsung’s sudden $122 billion wipeout shows the cost of sleeping on AI
South Korea’s biggest company has become a stark example of how quickly fortunes can turn in the AI and chipmaking industries.
Electronic monitors show stock prices rising in Tokyo on Monday.
BUSINESS / Markets
Oct 28, 2024
Yen takes a hit and Tokyo stocks jump as dovish opposition gains seats
Analysts said that the pace of interest rate increases could be slowed if opposition parties get more say in policymaking.
Nvidia's stock market value on Friday briefly touched $3.53 trillion, slightly above Apple's $3.52 trillion, LSEG data showed.
BUSINESS / Tech
Oct 26, 2024
Nvidia overtakes Apple as world's most valuable company
Nvidia's stock market value briefly touched $3.53 trillion, slightly above Apple's $3.52 trillion, LSEG data showed.
Investors already rattled by economic and monetary policy uncertainty are carefully watching Sunday's election.
BUSINESS / Economy
Oct 25, 2024
Tokyo stocks could 'plunge' if ruling coalition loses majority in Sunday vote
Investors are already rattled by monetary-policy tightening and geopolitical concerns.
The Tokyo Stock Exchange. Rigaku Holdings' shares fell on debut, even after the results of its offering suggested that investors still have an appetite for big Japanese stock deals in a busy primary market.
BUSINESS / Companies
Oct 25, 2024
Rigaku shares fall 10% in market debut after IPO priced at the top
Rigaku shares closed at ¥1,130 after the initial public offering had been priced at the top end of a ¥1,230 to ¥1,260 indicative range.
The probe into a Tokyo Stock Exchange worker is the first time an employee has become subject to a compulsory investigation for alleged insider trading.
JAPAN / Crime & Legal
Oct 24, 2024
TSE worker under insider trading probe handled timely disclosures
According to sources, the employee allegedly leaked undisclosed information about multiple companies.
A male employee of the Tokyo Stock Exchange is suspected of leaking undisclosed information, including on a company's takeover bid, to a relative this year, according to sources.
JAPAN / Crime & Legal
Oct 23, 2024
TSE employee probed on suspicions of insider trading
The male employee is suspected of leaking undisclosed information to a relative who allegedly used the knowledge to conduct stock trades.
A monitor shows Tokyo Metro's opening price on Wednesday morning in Tokyo.
BUSINESS / Companies
Oct 23, 2024
Tokyo Metro shares surge in trading debut after strong IPO
Proceeds from the IPO will redeem reconstruction bonds issued after the 2011 earthquake, tsunami and nuclear disaster in northeastern Japan that killed 18,000 people.
Ticket vending machines at a Tokyo Metro subway station. Tokyo Metro's network connects with nine of the 10 busiest stations in the capital.
BUSINESS / Companies
Oct 22, 2024
Tokyo Metro might be too much railroad for some investors
With over 80% of its operating profit coming from carrying passengers on trains, critics are concerned about its nonrailway business.
The ASML headquarters in Veldhoven, Netherlands, on Thursday. Semiconductor equipment makers such as ASML have unusually long-range views of how their customers are feeling, and at the moment, they’re flashing a caution signal for everything other than artificial intelligence.
BUSINESS / Tech
Oct 21, 2024
ASML shows chasm in chip land: AI winners versus everyone else
The semiconductor equipment makers’ results sparked worries about the health of the chip industry, which is being hurt by weakness in non-AI businesses.
An electric stock board at the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo on April 19
BUSINESS / Markets
Oct 21, 2024
Asian IPOs set for blockbuster week as ‘animal spirits’ return
Asian markets are seeing a return of "animal spirits," or changes in market behavior often driven by emotions.

Longform

Atsuyoshi Koike, the president and CEO of Rapidus, says there is a “sense of urgency” when it comes to Japan’s efforts in manufacturing semiconductors. “We have to make sure we are successful,” he says.
Atsuyoshi Koike’s big game: Fourth down and 2 nanometers to go