Yen jumps, Nikkei slides as BOJ bends yield policy
Yen jumps, Nikkei slides as BOJ bends yield policy
Japan’s Nikkei crosses 29,000 as yen weakens on BOJ’s dovish stance
TOKYO — Japan’s Nikkei share average hit a more than eight-month high on Monday, topping the key psychological 29,000 level after the Bank of Japan’s (BOJ) continued dovish stance pushed the yen to a nearly two-month low. Rail stocks and airlines were the best performing of the Tokyo Stock Exchange’s 33 industry sectors on the…
Japan’s Nikkei hits near 8-week high on tech boost
TOKYO — Japan’s Nikkei share average hit a near eight-week high on Tuesday, as investors scooped up chips and other technology stocks, with overnight Wall Street gains aiding sentiment. The Nikkei had risen 1.28% to 27,879.70 by the midday break, after jumping to as high as 27,943.27…
Japan’s Nikkei set to snap winning streak after tech selloff
TOKYO — Japanese shares fell on Friday, with tech stocks leading the losses, as worse-than-expected earnings outlook from heavyweights Advanced Micro Devices and Samsung Electronics weighed on risk appetite. Japan’s Nikkei share average lost 0.59% and looked on course to snap a four-day winning streak. The index fell through the key 27,000 level when markets…
Japan’s Nikkei ends 1% higher on boost from drugmakers
TOKYO — Japan’s Nikkei share average ended about 1% higher on Thursday, rebounding from a near three-month low hit in the previous session, led by drugmakers tracking overnight Wall Street gains. The Nikkei advanced 0.95% to 26,422.05, recovering from a low of 25,936.36 hit on Wednesday…
Japan’s Nikkei gains for second day on Wall Street boost
TOKYO — Japan’s Nikkei rose for a second session on Thursday, boosted by tech shares and travel stocks as they tracked overnight gains on Wall Street. The Nikkei ended the day 1.22% higher at 27,172.00, closing north of the psychological 27,000 level for the first time since April 6…