Japanese Stock Indices decline amid U.S. tariff concerns
Japanese stock indices fell on Wednesday due to concerns surrounding the upper house elections in parliament and the fate of trade negotiations with the United States, overshadowing gains made by chip-related stocks.
The Nikkei index dropped 0.09% to 39,642.4 points, fluctuating between minor gains and losses, while the broader Topix index declined 0.29% to 2,817.05 points.
Shares of Tokyo Electron and Advantest, both linked to the semiconductor sector, rose by 2.94% and 0.9%, respectively, following gains in Nvidia's stock, which surged 4%.
Nvidia's stock jumped after the AI chip leader announced plans to resume sales of its H20 AI chip to China, pushing the tech-heavy Nasdaq Composite to a record high at closing.
Meanwhile, shares of Toho, the production company behind the Godzilla film series, soared 10.06% after raising its annual net profit forecast. In contrast, Fast Retailing, the parent company of Uniqlo, fell 1.2%, putting additional pressure on the Nikkei.
Toyota Motor shares lost 0.93% despite the yen weakening to a three-month low against the U.S. dollar.
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Our second destination, according to the itinerary, was the city of 'Volgograd,' located over a thousand kilometers from the capital, Moscow. The name 'Stalingrad' became widely known during World War II, as it witnessed some of the most significant battles, lasting approximately six months according to various sources. The human casualties reached around two million, leading some to classify it as one of the bloodiest battles in the history of warfare. It is essential, from a contrasting perspective, to highlight some of the horrors of those wars and the catastrophic results they leave behind. During World War II, the United States dropped two atomic bombs on the Japanese cities of 'Hiroshima' and 'Nagasaki,' resulting in an immediate death toll of over 120,000, with more than double that number succumbing later to the effects of nuclear radiation, not to mention the injured. 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(Source: Wikipedia) * * * In this context, we can take a moment to raise an objective critique with an ethical and humanitarian dimension concerning wars, including the conflict we are experiencing here in Yemen. It is one of the dirty wars we endure while the world's conscience remains unmoved, failing to act seriously to stop it, even though it could have prevented it from occurring in the first place. We pause here before the questions raised by Dostoevsky's novel 'Crime and Punishment': Why do we condemn the miserable student who kills the usurer in the narrative, yet not condemn the leader who sends his soldiers to death for the sake of his own glory? Why does Napoleon have the right to kill, and America the right to drop nuclear bombs, while Raskolnikov is not permitted to kill the usurer, who with her wealth could free him—and perhaps many others—from poverty? Why do we find ourselves inclined, while reading the novel, to side with Raskolnikov, the murderer of the usurer, urging him to surrender himself for justice and moral reasons? We hear the call: 'Awake… rise this very moment, stand at the crossroads, and bow… kiss the earth you have defiled. Then, kneel before the world on all fours, and proclaim loudly to everyone… Yes, yes, I have killed.' Yet, we do not demand that those who have slaughtered thousands, hundreds of thousands, and millions do the same as Raskolnikov! Why do we advocate for Raskolnikov's costly penance through hard labor for the rest of his life, while refraining from demanding punishment for those who have driven countless human beings into the hell of wars, death, and famine? 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