The latest halt in the global risk rally has come on the back of data pointing to lingering inflationary pressures across major economies
Stock Market Highlights on May 29, 2024: In the broader markets, the BSE SmallCap index was the only outperformer, rising 0.23 per cent
Stock Market Highlights on May 28, 2024: The losses were steeper in the broader markets where the BSE MidCap fell 0.63 per cent, and the BSE SmallCap slipped 1.09 per cent
Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February
The Nikkie benchmark index has been experiencing an unprecedented rally, as it achieved an all-time high for the first time in 34 years last month
The Nikkei reclaimed its 1989 peak last month as investors from around the world piled into Japan's biggest companies on improving shareholder returns, the weaker yen and booming corporate profits
Japan's benchmark Nikkei 225 index surged Thursday past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth. The index closed Thursday at 39,098.68, up 2.2 per cent. It had been hovering for weeks near 34-year highs. Its previous record was 38,915.87, set on December 29, 1989. That was more than a generation ago at the height of Japan's post-war boom. After the peak, as banks wrote off some 100 trillion Yen in bad debts, shares meandered well below the record for many years dipping below 8,200 in 2011 after the triple disasters of a massive earthquake and tsunamis and meltdowns at the Fukushima Dai-Ichi nuclear power plant in northeastern Japan. But the market has logged sharp gains in recent months, helped by strong interest from foreign investors who account for the majority of trading volume on the Tokyo exchange.
Former Australian foreign minister Julie Bishop at the Ditchley conference, stressed the importance of major powers' taking joint action to fight its pressure
SoftBank Group jumped 5.25 per cent on reports
The US Federal Reserve has begun raising interest rates to counter surging inflation and investors have been selling yen to seek higher returns in dollar-denominated assets
A 0.78% drop for Hong Kong and 0.36% decline for blue chips in mainland China pulled MSCI's broadest index of Asia-Pacific shares outside Japan 0.22% lower
Markets took a widely expected rate hike by the US Federal Reserve in stride, despite worries about weakening global growth.
Companies race to assess the impact of the magnitude 7.4 quake, which struck shortly before midnight on Wednesday.
Japan's Nikkei stock index advanced on Monday, supported by a retreat in crude oil as investors turned more optimistic over the Russia-Ukraine crisis
Japan's Nikkei stock index advanced on Monday, supported by a retreat in crude oil as investors turned more optimistic over the Russia-Ukraine crisis
Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba Corp's break-up plan to be put to a vote on March 24, the Nikkei business daily reported
Japan's Nikkei index hit a 15-month low on Friday as global markets remain on edge following reports of Europe's largest nuclear power plant set on fire amid an intensifying war between Ukraine-Russia
Japan's Nikkei share average tumbled more than 2% on Tuesday, extending losses to a fourth session, as sentiment soured further following an escalation in tensions around Ukraine.
A senior Biden administration official said on Wednesday the United States does not believe Russia's claim to be withdrawing troops from the Ukraine border
The Nikkei share average lost 2.23% to close at 27,079.59, posting its biggest daily percentage drop since January 27 and touching below the 27,000 level for the first time since January 31