TOKYO (Reuters) – Japan’s Nikkei share average retreated from a near five-year high, ahead of the outcome of the Bank of Japan meeting, hurt by disappointing earnings from companies like Advantest Corp (6857.T: Quote, Profile, Research, Stock Buzz) and M3 Inc (2413.T: Quote, Profile, Research, Stock Buzz).
The Nikkei .N225 slipped 0.1 percent to 13,914.68 after trading as high as 13,983.87 earlier in the session, hitting its highest level since June 2008 and within sight of the 14,000-mark.
TOKYO (Reuters) – Japan’s Nikkei share average climbed to its highest level in nearly five years on Wednesday on robust U.S. company earnings and as the yen resumed its downward slide towards 100 to the dollar.
The benchmark Nikkei has surged 58 percent and the yen has weakened 24 percent versus the dollar since mid-November, when Shinzo Abe, who became prime minister in December, promised bold monetary and fiscal expansionary policies during his election campaign.
TOKYO (Reuters) – Japan’s Nikkei share average slipped on Tuesday as weak China manufacturing data heightened concerns over global growth, while investors cashed in some of the recent gains after the yen’s slide towards 100 to the dollar stalled.
The underlying mood, however, remained positive after Bank of Japan shocked the financial markets on April 4 by promising to inject $1.4 trillion into the world’s third-largest economy to revive growth, helping to limit losses on the Nikkei.
TOKYO (Reuters) – The Nikkei average climbed 1.9 percent to its highest close in almost five years on Monday, as the yen weakened after the Group of 20 leading economies stopped short of criticising Japan’s expansionary monetary policies.
Major exporters charged higher as the dollar firmed against the yen to within a whisker of 100 after the G20 simply said in a communique after a two-day meeting it would be “mindful” of possible side effects from extended periods of monetary stimulus.
TOKYO (Reuters) – The Nikkei share average climbed 2.1 percent to a near five-year high on Monday, with exporters taking the lead as the yen weakened after the Group of 20 economies stopped short of criticizing Japan’s sweeping monetary expansionary policies.
The Nikkei .N225 was up 286.59 points at 13,603.07 after trading as high as 13,611.58, its highest since June 2008.
TOKYO (Reuters) – Japan’s Nikkei share average dropped 1.2 percent on Thursday as Apple-linked shares came under pressure on concerns of slowing sales of the iPhone maker’s products, while global growth worries dampened the appeal of exporters.
Apple Inc’s (AAPL.O: Quote, Profile, Research, Stock Buzz) suppliers in Japan took a battering after the U.S. tech company’s stock tumbled 5.5 percent in New York as a key supplier, chipmaker Cirrus Logic (CRUS.O: Quote, Profile, Research, Stock Buzz), gave a disappointing revenue forecast, fuelling worries about weakening demand for the iPhone and iPad.
TOKYO, April 18 (Reuters) – Foreign investors’ net buying of
Japanese equities hit the highest last week since the Ministry
of Finance started collecting the data in 2005, buoyed by the
Bank of Japan’s sweeping stimulus measures unveiled on April 4.
The investors bought 1.57 trillion yen ($16.1 billion) worth
of Japanese stocks in the week through April 13, piping the
previous record of 1.12 trillion yen in the week of March 3 to
TOKYO, April 17 (Reuters) – Long-dated Japanese government
bond prices eased on Wednesday ahead of an auction of 1.2
trillion yen ($12.3 billion) worth of 20-year debt on the
following day, with the 30-year yield hitting a nearly four-week
Primary dealers are cautious on the 20-year auction,after
last week’s disappointing 30-year debt sale.
TOKYO (Reuters) – Japan’s Nikkei average sagged 1.5 percent on Tuesday, although it managed to hold above the 13,000-mark, as concerns over stumbling global growth pushed U.S. stocks to their worst day in five months.
Index heavyweight SoftBank Corp (9984.T: Quote, Profile, Research, Stock Buzz) slumped 8.2 percent to a two-week low after U.S. Dish Network Corp (DISH.O: Quote, Profile, Research, Stock Buzz) offered to buy wireless service provider Sprint Nextel Corp (S.N: Quote, Profile, Research, Stock Buzz) for $25.5 billion, which could trump SoftBank’s bid for a 70 percent stake for $20.1 billion.
TOKYO (Reuters) – The Bank of Japan’s massive stimulus to pull the economy out of two decades of malaise has altered the outlook for Japanese assets, according to a Reuters snap poll of analysts conducted after the central bank shocked markets with its radical shift in policy.
The bold plan to inject $1.4 trillion into the world’s third-largest economy in less than two years has already pushed the yen to near 100 to the dollar, the lowest since April 2009, and Tokyo’s Nikkei .N225 to a nearly five-year high.