Tag - stocks

 
 

STOCKS

The recent surge in the 225-issue Nikkei average has some strategists believing it could rewrite a new all-time high later this year.
BUSINESS / Markets
Jan 13, 2024
Surging Nikkei may top 40,000 this year, strategists say
The recent surge in the 225-issue Nikkei average has some strategists believing it could rewrite a new all-time high later this year and breach the 40,000 mark.
A monitor in Tokyo shows the Nikkei stock average briefly rising by over 700 points on Friday morning.
BUSINESS / Markets
Jan 12, 2024
Nikkei posts 34-year high, best week in 22 months
The rise was driven both by receding bets on an early exit from the Bank of Japan's stimulus and sheer momentum as foreign investors returned.
Monitors at a foreign exchange dealer show the Nikkei Stock Average rising above 35,000 during morning trading in Tokyo on Thursday.
BUSINESS / Markets
Jan 11, 2024
Nikkei breaches 35,000 for the first time in 34 years
Wall Street's tech-driven gains and a weakening of the yen give Japanese stocks a boost for third day in a row.
Security guards along the Bund in front of buildings in the Lujiazui Financial District in Shanghai on Tuesday. The pivot away from China may accelerate as positive catalysts are missing at a time when the U.S. Federal Reserve shifts toward monetary easing.
BUSINESS / Markets
Jan 11, 2024
China is fast losing its place as a must-have in global portfolios
An analysis of filings by 14 U.S. pension funds with investments in Chinese stocks show most of them have reduced their holdings since 2020.
The Yeouido financial district in Seoul
BUSINESS / Economy
Jan 8, 2024
South Korea watchdog intensifies crackdown on China-linked notes
Authorities will investigate 12 institutions over the sale of equity-linked securities that are tied to the Hang Seng China Enterprises Index.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, arrives for a news conference at the Tungaloy Corp.'s headquarters in Iwaki City, Fukushima Prefecture, in November of 2011.
COMMENTARY / Japan
Jan 5, 2024
Warren Buffett brought Japan back. Will it last in 2024?
In 2023, Japan experienced an unexpected surge in investor interest, leading to the Nikkei 225 index reaching highs not seen since 1990.
Hideki Kuriyama, who guided Samurai Japan to the World Baseball Classic title in March, rings a bell during a ceremony marking the end of trading in 2023 at the Tokyo Stock Exchange on Friday.
BUSINESS / Markets
Dec 29, 2023
Japanese stocks post best yearly gain since Abenomics jolt
The benchmark Topix posted an annual return of 25%, and the 225-issue Nikkei average rallied 28%. That’s the best performance for both gauges since 2013.
A drugstore in Tokyo in October
BUSINESS
Dec 23, 2023
Fund that got in before Buffett now likes Japan drugstores
A top fund manager says there’s opportunity to profit from consolidation in the sector.
Takahito Tokita, chief executive officer at Fujitsu, speaks during an interview at the company's headquarters in Tokyo on Wednesday.
BUSINESS / Companies
Dec 22, 2023
Fujitsu speeds aircon deal as it aims for ¥700 billion boost from AI
The urgency to close the deal rises amid growing geopolitical and economic uncertainty.
Some analysts believe Japan's stock market will be fragile in the coming months due to such factors as weak consumer spending and political instability.
BUSINESS / Markets
Dec 20, 2023
Japanese stocks expected to face early hurdles in 2024
Analysts see the nation’s equities indexes struggling over the next few months due to factors such as a stronger yen and weak consumer spending.
Packages of tofu on the production line at the Yamami factory in Oyama, Shizuoka Prefecture
BUSINESS / Companies
Dec 18, 2023
Tofu-maker Yamami sees shares surge after automating ancient craft
At its newest factory at the foot of Mount Fuji, the company, one of the few that’s listed, can produce 15,000 units of the bean curd each hour.
Baseball player Shohei Ohtani speaks during a news conference on his presentation after signing a 10-year deal with the Los Angeles Dodgers at Dodgers Stadium in Los Angeles, California, on Thursday.
BUSINESS / Companies
Dec 15, 2023
Dip Corporation shares rise after Ohtani named brand ‘ambassador’
Shares in the internet job agency gained by as much as 8.9% in Tokyo trading after the firm announced its tie-up with the star baseball player.
The Nikkei will rise to 37,750 and the benchmark Topix to 2,650 by the end of next year, suggesting another 12% to 15% of upside for the country’s stocks, according to a median estimate of analysts.
BUSINESS / Markets
Dec 14, 2023
Bears vanish as world-beating Japanese stocks set for more gains
The Nikkei and Topix are on track for the biggest increases of any major benchmark stock index globally this year.
The partnership between Nissan and Renault was jolted in 2018 by the arrest of Carlos Ghosn, chairman of both companies.
BUSINESS / Companies
Dec 12, 2023
Renault selling part of Nissan stake to partner for €765 million
The move follows last month’s finalization of a plan for Renault to reduce its interest in Nissan.
The Tokyo Stock Exchange. The volume of management buyouts in Japan has increased to the highest on record this year, jumping 170% from a year earlier to at least ¥870 billion.
BUSINESS
Dec 8, 2023
Surge in management buyouts gives extra boost to Japanese stocks
The volume of management buyouts has increased to the highest on record this year.
What’s worrying from the stock market’s perspective is that the Reserve Bank of India is taking more direct steps to rein in debt-fueled consumption.
COMMENTARY / World
Dec 7, 2023
The world’s most-loved emerging market is feeling jittery
India's economic prosperity is primarily being attributed to a small elite class referred to as the "Octopus class."
Rakuten Bank executives hold a placard showing the company logo during a ceremony to mark the company's debut on the Tokyo Stock Exchange on April 21.
BUSINESS / Companies
Dec 6, 2023
Rakuten to raise up to $433 million with further sale of bank unit
The planned sale of 25.5 million shares is equivalent to just under 15% of the online bank, according to LSEG data.
Officials from iQPS celebrate in the city of Fukuoka in June after the successful launch of a rocket carrying a small satellite developed by the firm.
BUSINESS / Companies
Dec 6, 2023
Satellite imagery startup iQPS surges 82% in Tokyo debut
The stock opened at ¥860 per share versus its IPO price of ¥390, with trading delayed by nearly five hours due to a glut of buy orders.
Kei Umeda, CEO of Mizuho Trust & Banking, speaks during an interview in Tokyo on Nov. 27.
BUSINESS
Dec 5, 2023
Mizuho sees firms scrambling to meet TSE's capital efficiency call
In January the Tokyo bourse will start publishing a list of companies that have disclosed action plans in line with its call to improve use of capital.
Buyouts by management and controlling parties have surged this year in Japan, with the total value now set to pass ¥1 trillion.
COMMENTARY / Japan
Dec 3, 2023
Being a listed company in Japan is losing its luster
Japan's corporate landscape is shifting as companies opt for management buyouts.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?