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STOCKS

Investors are grappling with the possibility that the Federal Reserve may need to loosen its tight grip on the economy much faster than anticipated to avoid a recession.
BUSINESS / ANALYSIS
Aug 3, 2024
U.S. recession scare fuels searing rally in bonds and puts yield curve flip in view
Investors are grappling with the possibility the Federal Reserve may need to loosen its grip on the economy faster than anticipated to avoid a recession.
The Nikkei 225 fell more than 2,000 points on Friday, capping a volatile week in the financial markets.
BUSINESS / Markets
Aug 2, 2024
Japanese stocks fall almost 6% just days after shock rate rise
In the span of less than a month, the 225-issue Nikkei average went from all-time records to a shocking rout.
Kazuo Momma, former assistant governor of the Bank of Japan
BUSINESS / Economy
Aug 2, 2024
BOJ likely to hike in October after big shift, former official says
The BOJ’s basic stance now seems to be that as real rates are extremely low, they can keep raising them as long as no major shock hits the economy.
The Nomura Securities headquarters in Tokyo. Net income tripled from a year earlier to ¥68.9 billion ($446 million) in the three months ended June 30, the company said.
BUSINESS / Companies
Jul 30, 2024
Nomura profit triples on jump in wealth management and trading
Net income tripled from a year earlier to ¥68.9 billion ($446 million) in the three months ended June 30, the company said.
Japanese stocks are down 10% from their July peak as the yen strengthens.
BUSINESS / Markets
Jul 26, 2024
Yen melt-up nudges Japanese stocks into correction territory
Japan’s benchmark index is now down 10% from its July peak, meeting the textbook definition of a market correction.
With the Bank of Japan seen raising rates this year, there are heightened expectations that banks’ profitability will improve.
BUSINESS / Companies
Jul 26, 2024
Expectations high for Japan’s bank results to spur stock rally
Japanese lenders are set to report quarterly results that for the first time fully reflect the end of negative rates next week.
Ryo Ogawa (right), chief executive officer of Timee, and Tomoaki Yagi, chief financial officer, strike the trading bell during the company's listing ceremony at the Tokyo Stock Exchange in Tokyo on Friday.
BUSINESS / Companies
Jul 26, 2024
Shares of job app firm Timee jump in Japan stock trading debut
The stock surged to as high as ¥1,855 on the Tokyo Stock Exchange’s Growth market.
The Nikkei stock index fell to a three-month low on Thursday.
BUSINESS / Markets
Jul 25, 2024
Nikkei closes at 3-month low as yen strengthens
The 225-issue average fell 3.28% to end the day at 37,869.51, its lowest close since April 25.
Nissan's operating profit for the April-June period totaled ¥995 million, compared with ¥128.6 billion in the same period a year earlier.
BUSINESS / Companies
Jul 25, 2024
Nissan shares hammered as Q1 profit wiped out by U.S. discounts
The automaker has cut its operating profit forecast for the financial year by 17% to ¥500 billion from ¥600 billion.
Toyota's plan to buy back shares from major banks and insurers is part of a broader push to unwind strategic shareholdings with financial partners.
BUSINESS / Companies
Jul 23, 2024
Toyota to buy back stock worth $5.2 billion from banks and insurers
Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Tokio Marine Holdings and MS&AD Insurance Group Holdings are tendering shares at an 11% discount.
Blackstone's private equity fund says Japanese individual investors are highly interested in alternatives and their understanding of the asset class is deepening.
BUSINESS / Markets
Jul 23, 2024
Blackstone Japan fund exceeds $1B as investors warm up to private equity
As inflation takes hold in the country, investors are exploring more alternative assets on government encouragement to invest more of their cash.
The People's Bank of China building in Beijing on May 29
BUSINESS / Markets
Jul 22, 2024
China cuts key rate after Xi’s big meeting disappoints investors
The People’s Bank of China cut the seven-day reverse repo rate, a key short-term policy rate, in the first reduction in almost a year.
The 2024 presidential race throws another curveball at the markets with U.S. President Joe Biden dropping out of the race.
BUSINESS / Markets
Jul 22, 2024
How investors are reacting to Biden dropping reelection bid
Many investors are waiting to see who the new Democratic nominee will be, with some uncomfortable about the uncertainty.
The underperformance of the Tokyo Stock Exchange's Growth Market 250 illustrates how smaller companies may bear a heavier burden should Bank of Japan officials raise interest rates.
BUSINESS / Markets
Jul 19, 2024
Newfound love for Japan’s small cap stocks to be tested
Strategists are increasingly concerned that the prospect of rising interest rates will weigh on smaller businesses that are vulnerable to rising borrowing costs.
Brokers such as Nomura are busy handling transactions for the offloading of cross-shareholdings among Japanese companies, which bring in hefty fees.
BUSINESS / Companies
Jul 18, 2024
Block trades herald $5 billion fee windfall for Japan’s brokers
Pressure to improve corporate governance is leading firms to whittle down an estimated ¥50 trillion ($320 billion) they hold in companies with which they do business.
Japan's tradition of offering investors gifts is nice. But with the stock market at record highs, such perks are no longer needed.
COMMENTARY
Jul 18, 2024
It’s time Japan's shareholders buy their own wine
The practice by Japanese companies of giving gifts once served as a good way to encourage trading novices to dabble in the stock market.
The S&P 500 drops from all-time highs amid a selloff in chipmakers.
BUSINESS / Tech
Jul 18, 2024
High-flying chipmakers see worst plunge since 2020
Concern about tighter U.S. restrictions on chip sales to China spurred a selloff in the industry that has led the bull market in stocks.
People attend a seminar, hosted by Daiwa Securities, on the new NISA tax-free investment program last November. Retail investors in Japan have been favoring international investments as they deploy funds held in their fast-growing NISA accounts.
BUSINESS / Markets
Jul 11, 2024
Yen takes hit as ¥1 trillion flows abroad monthly after NISA tweak
Many taking advantage of changes to the rules for Japan's tax-free savings accounts have been shifting their savings to international investments.
The Nikkei stock average hit another record high on Thursday, rising above the 42,000 level for the first time.
BUSINESS / Markets
Jul 11, 2024
Japan's Nikkei average hits record high, topping 42,000 on Wall Street gains
The 225-issue average went on to secure a third consecutive record high close this week, after an overnight rally in U.S. stocks boosted investor sentiment.
An electronic board in Tokyo shows the Nikkei stock index's new closing high on Tuesday.
BUSINESS / Markets
Jul 9, 2024
Japan's Nikkei marks record closing high as chip-related shares rally
The Nikkei closed 1.96% higher at 41,580.17, after rising as much as 2.4% to a record intraday high of 41,769.35.

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