Lifestyle/Entertainment Editor, Asia, Tokyo
Elaine's Feed
Aug 31, 2010

Nikkei falls over 2 pct as profit-taking bites

TOKYO, Aug 31 (Reuters) – Japan’s Nikkei fell more than 2
percent on Tuesday, with profit-taking erasing a bounce the day
before, as worries grew about the pace of U.S. economic recovery
ahead of a week of indicators widely expected to be bad.

Market players also blamed disappointment after an emergency
Bank of Japan meeting on Monday, at which the central bank
expanded its fund supply tool to try and curb the rising yen, a
move that many in the market said was insufficient.

Aug 30, 2010

Disappointed over BOJ move, Nikkei pares gains

TOKYO, Aug 30 (Reuters) – Japan’s Nikkei average pared gains
to close near its day’s lows on Monday after rising more than 3
percent at one point, with investors disappointed by a Bank of
Japan decision that contained no surprises and was seen as
lacklustre at best.

At an emergency meeting, the BOJ expanded its fund supply
tool, saving more aggressive steps for when there is clearer
evidence of a slowdown in a fragile economy hit by a strong yen.
[ID:nTOE67S01V]

Aug 30, 2010

Nikkei pares gains after BOJ decision disappoints

TOKYO, Aug 30 (Reuters) – Japan’s Nikkei average pared gains
on Monday after rising more than 3 percent at one point, with
investors disappointed by a Bank of Japan decision that contained
no surprises and was seen as lacklustre at best.

At an emergency meeting, the BOJ expanded its fund supply
tool, saving more aggressive steps for when there is clearer
evidence of a slowdown in a fragile economy hit by a strong yen.
[ID:nTOE67S01H] [ID:nTOE67S01V]

Aug 30, 2010

Nikkei pares gains after BOJ decision disappoints

TOKYO, Aug 30 (Reuters) – Japan’s Nikkei average pared gains
on Monday after rising more than 3 percent at one point, with
investors disappointed by a Bank of Japan decision that contained
no surprises and was seen as lacklustre at best.

At an emergency meeting, the BOJ expanded its fund supply
tool, saving more aggressive steps for when there is clearer
evidence of a slowdown in a fragile economy hit by a strong yen.
[ID:nTOE67S01H] [ID:nTOE67S01V]

Aug 27, 2010

Nikkei rises further off 16-month low

TOKYO (Reuters) – Japan’s Nikkei average reversed course in late trade on Friday to climb more than 1 percent at one point, buoyed after investors unloaded superlong Japanese debt to buy stocks as well as by hopes for Japanese moves to rein in the strong yen.

But investors remained nervous ahead of U.S. gross domestic product data due out later in the day.

Aug 27, 2010

Nikkei rises further off 16-mth low, JGB sales help

TOKYO, Aug 27 (Reuters) – Japan’s Nikkei average reversed
course in late trade on Friday to climb more than 1 percent at
one point, buoyed after investors unloaded superlong Japanese
debt to buy stocks as well as by hopes for Japanese moves to rein
in the strong yen.

But investors remained nervous ahead of U.S. gross domestic
product data due out later in the day.

Aug 27, 2010

Nikkei up on short-covering, hopes for yen action

TOKYO, Aug 27 (Reuters) – Japan’s Nikkei average turned
positive on Friday, boosted by short-covering after hopes
emerged for possible measures from Japanese authorities to stem
the yen’s rise, though caution remained on whether these would
be effective.

But investors remained nervous ahead of U.S. gross domestic
product data due out later in the day and said that whether the
market closed above 8,800 or not was likely to be one key to
future moves.

Aug 27, 2010

Nikkei edges back toward 16-mth low, trade nervous

TOKYO, Aug 27 (Reuters) – Japan’s Nikkei average slipped back
towards a 16-month low on Friday in thin and nervous trade, with
investors fearing more falls could lie ahead depending on U.S.
economic data due out later in the day.

Market players said that whether the market closed above
8,800 was likely to be one key to future moves, with few
technical support points below that level.

Aug 27, 2010

Nikkei slips back toward 16-mth low in nervy trade

TOKYO, Aug 27 (Reuters) – Japan’s Nikkei average slipped back
towards a 16-month low on Friday, with investors nervous ahead of
a speech by Federal Reserve Chairman Ben Bernanke and the release
of U.S. gross domestic product data later in the day.

The annual Federal Reserve conference in Jackson Hole,
Wyoming, where Bernanke will give his thoughts on the U.S.
economy, is making investors cautious given the uncertainty
surrounding U.S. economic recovery. [ID:nN25199098]

Aug 26, 2010

Nikkei crawls up from 16-mth low, econ gloom weighs

TOKYO, Aug 26 (Reuters) – Japan’s Nikkei average clawed its
way up from a 16-month low on Thursday, snapping a four-day
losing streak as short-covering emerged and the market gained on
a slight technical rebound.

Buying of futures by long-term domestic investors after some
apparent selling by speculators the day before also helped lift
the Nikkei to its first positive close in a week.