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EWJ News24 articles
BOJ's Rate Hike Fails to Boost Yen as Split Vote Dampens Outlook
The Bank of Japan raised its policy rate to 1.25% as expected, but the yen weakened 1.2% after a split vote and no signal of faster tightening, while the Nikkei advanced 1.4%.
Kioxia Confirms US ADS Listing Plans; $10B Figure Unverified
Kioxia confirms it's preparing a US ADS listing but hasn't endorsed Bloomberg's $10B figure or 2027 timeline. Shares fell 1.87% in Tokyo.
Japan's August Trade Gap Quadruples as Oil Costs Outpace Chip Boom
Japan's August trade deficit quadrupled to ¥1.106 trillion as energy import costs soared, while chip exports surged 52.3%. The BOJ meets next week.
BOJ Rate Hike Expected, But Yen's Fate Hangs on Ueda's Next Move
The Bank of Japan is set to raise rates to 1.25%, but the yen's direction depends on Governor Ueda's hints about further tightening. USD/JPY has already fallen 1.7% this week.
Nintendo's Tokyo Shares Recover to ¥8,093, Yet Valuation Remains Steep at 30x Earnings
Nintendo's stock recovered 1.3% to ¥8,093, but trading at 30x earnings, the valuation remains demanding. Investors weigh the Switch 2 cycle against margin pressures and tariff refunds.
Chip Selloff Drags Nikkei 2.8%: Four Stocks Account for Most of the Drop
Japan's Nikkei 225 dropped 2.8% on Friday, led by a 5.8% plunge in semiconductor stocks. Four heavyweight names accounted for about two-thirds of the index's decline.
Japan's FX Reserves Plunge $79.6B, Yen Hits 153.51
Japan's official reserves dropped $79.6B in August to $1.2075T, with foreign-currency securities down $87.8B. Yen strengthened past 154 as intervention and BOJ expectations converge.
Nikkei's Headline Rise Masks Broad Tokyo Selloff
The Nikkei 225 erased a 556-point opening drop, but breadth data shows 1,231 Prime Market stocks falling, signaling a concentrated rally led by a few AI-linked heavyweights.
Nintendo Shares Slip Ahead of Key Switch 2 Directs
Nintendo shares fell 1.01% while the Nikkei jumped 2.12%, setting a cautious tone before the company's Zelda anniversary and Switch 2 Direct broadcasts this week.
Advantest Powers Nikkei Rally; Valuation Hits 38x Earnings
Advantest powered a quarter of the Nikkei's morning advance, with shares up 3.7% to ¥34,310. The stock trades at 38x projected earnings, supported by robust AI-driven demand.
Tokyo's Record Yen Intervention Fades as USD/JPY Retraces 61%
Japan's record ¥15.4 trillion yen intervention has lost 61% of its initial impact, with USD/JPY back near 160.06. Markets now eye the BOJ's September meeting.
Nikkei Rally Faces Japan GDP Test as China Credit Slump Looms
Japan's Q2 GDP data and China's July activity numbers due Monday will test regional markets, with Nikkei's rally at risk and China's credit slump in focus.
Global Markets Mixed as Rate Hike Fears, Geiger Counter Buyback, and Cattle Losses Dominate
US stock futures decline as investors brace for higher interest rates. Geiger Counter Ltd buys back shares, cattle futures extend losses, and London Stock Exchange adds new AIM listings.
Can-Fite BioPharma Surges on Japanese Patent Grant for Obesity Drug
Can-Fite BioPharma shares surged 17% premarket after Japan allowed a patent for Namodenoson in obesity, but the company's $6.61M market cap remains near the NYSE American delisting threshold.
Asian Markets Surge on US-Iran Strait of Hormuz Deal, Oil Plunges
Asian markets surged Monday on a preliminary US-Iran deal to reopen the Strait of Hormuz, sending oil prices down 5% and easing inflation concerns. The Nikkei 225 hit a record close, while the Kospi jumped 5.2%.
Asian Markets Rally on Oil Plunge, Central Bank Decisions Ahead
Asian equities opened higher on a sharp drop in oil prices following a US-Iran agreement, but caution remains ahead of BOJ and Fed policy decisions.
AI Shift Pressures Nintendo and Sanrio as Capital Flows to Chips
Nintendo raises Switch 2 prices in Japan and the US amid rising memory costs and tariffs, while AI-driven capital shifts pressure valuations of Japan's top entertainment brands.
Asia Markets Mixed as AI Rally Boosts Japan and Taiwan, India Slips
Asian markets closed mixed on Friday, with Japan's Nikkei surging 2.53% on AI optimism, while India's Sensex fell 1.44% amid inflation concerns. Taiwan raised its 2026 GDP forecast to 9.64%.
Asia Markets Dip as Oil Rally, AI Slowdown Weigh
Asian stocks fell Thursday as rising oil prices from U.S.-Iran tensions and a cooling AI trade pressured markets, with Japan's Nikkei down 0.47% and Hong Kong's Hang Seng off 1.32%.
7-Eleven Japan Pioneer Toshifumi Suzuki Dies at 93 Amid Strategic Pivot
Toshifumi Suzuki, the visionary who introduced 7-Eleven to Japan and expanded it globally, died at 93. His passing comes as Seven & i Holdings navigates a delayed North America listing and reshaped M&A landscape.
Nikkei Breaks 65,000 Barrier as Asian Markets Rally on Oil Slide
Japan's Nikkei closed above 65,000 for the first time, surging 2.87% as Asian stocks rallied on hopes of revived U.S.-Iran talks and falling oil prices. Taiwan hit a record, while Shanghai, Australia, and India gained.
Asian Markets Brace for Key Week as Oil, Yields, and AI Dominate
Asian markets enter a crucial week with oil above $103, US yields at 4.558%, and AI optimism from Nvidia and Lenovo. China cracks down on cross-border brokers, while key data includes US PCE and Tokyo CPI.
JPX Surges 3.5% as Tokyo Inflation Cools, Traders Eye BOJ
Japan Exchange Group shares climbed 3.5% to 2,135.5 yen, nearing a 52-week high, as softer Tokyo inflation data prompted reassessment of Bank of Japan policy expectations. Traders are now focused on upcoming bond auctions and U.S. employment figures.
China's Treasury Caution Weighs on Dollar, Japan's Election Spurs Nikkei Rally
The U.S. dollar weakened as China advised banks to limit Treasury holdings, while Japan's Nikkei surged to a record high following Prime Minister Takaichi's election victory and tax cut pledge.