logo
Japan stock market today: Nikkei, TOPIX slip 0.5% after 1% rally amid elections uncertainty

Japan stock market today: Nikkei, TOPIX slip 0.5% after 1% rally amid elections uncertainty

Mint5 days ago
Japan stock market today: Major indices of the Japanese stock market witnessed high volatility on July 22 amid election-related uncertainty. After rising over 1 per cent, key index Nikkei 225 fell 0.60 per cent during the session, while TOPIX, a broader and more comprehensive index than the Nikkei, also fell by about half a per cent after rising by 1 per cent during the session.
Stocks such as Mitsubishi Heavy Industries, Tokyo Electric Power Co. Holdings, and Japan Steel Works jumped 4-5 per cent, while shares of M3 Inc., Sumitomo Pharma, and Ebara Corp fell about 4 per cent each.
The Japanese stock market opened higher on July 22 following a weekend in which the ruling party lost its majority in the upper house. Japanese Prime Minister Shigeru Ishiba's coalition lost its majority in the upper house in Sunday's elections, while a right-wing populist party saw strong gains.
Japan's NHK media reported that it will mark the first time in the LDP's 70-year history that it leads a coalition that does not control either house. However, PM Ishiba indicated he intends to stay on in his role.
Some 248 members of Japan's Upper House are elected for six-year terms. Elections are held every three years for half of the seats.
(This is a developing story. Please check back for fresh updates.)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Chirag's remarks on crimes show his weakness; he has no concerns for Bihar, alleges Tejashwi
Chirag's remarks on crimes show his weakness; he has no concerns for Bihar, alleges Tejashwi

Time of India

timean hour ago

  • Time of India

Chirag's remarks on crimes show his weakness; he has no concerns for Bihar, alleges Tejashwi

A day after Union Minister Chirag Paswan slammed the Nitish Kumar government over the law and order situation in Bihar, RJD leader Tejashwi Yadav on Sunday claimed that the Hajipur MP's comment showed his "weakness" as a ruling NDA partner, and alleged that he has "no real concerns" for the state. Yadav was reacting to the remarks of Chirag, the chief of Lok Janshakti Party (Ram Vilas), which drew a sharp reaction from Chief Minister Nitish Kumar's JD (U), exposing cracks in the NDA ahead of the assembly polls. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Data Analytics Degree MCA others Finance Project Management MBA Healthcare Data Science Leadership Others Product Management Cybersecurity Technology Management Design Thinking Artificial Intelligence healthcare Digital Marketing Operations Management CXO Public Policy PGDM Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details The leader of the opposition seemed unimpressed with Chirag's decision to contest the Bihar assembly elections due later this year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Japanese AI invention allows you to speak 68 languages instantly. The idea? Genius. Enence 2.0 Undo "Chiarg Paswan has merely demonstrated his weakness as a minister and as a coalition partner. His comments show he loves only his chair and has no real concerns for Bihar," Yadav alleged. Paswan had on Saturday said, "Law and order have completely collapsed in the state. The police have surrendered to criminals in Bihar. I regret having to support a government which is unable to prevent such crimes. The situation of Bihar has, indeed, become scary." Live Events Yadav also alleged that there is "no law and order" in the state. Asked about the incident of alleged gang-rape of a woman inside an ambulance in Gayaji, Yadav said, "It's shocking and shameful. Just imagine the law and order situation in the state." "More than 100 murders took place in the last one week in the state. They (NDA) call it a double-engine government. One engine is crime, and another is corruption. The Comptroller and Auditor General (CAG) has pulled up the Bihar government for failing to submit utilisation certificates (UCs) worth over Rs 70,877 crore. There is a scam of more than Rs 70,000 crore," the RJD leader alleged. The CAG report on state finances for 2023-24 was tabled in the state assembly on Thursday. "Despite the requirement of submitting UCs within stipulated time period, 49,649 outstanding UCs of Rs 70,877.61 crore were not received by the Accountant General (Accounts & Entitlements), Bihar, as on March 31, 2024", the report had said. The high pendency of UCs is "fraught with the risk of embezzlement, misappropriation and diversion of funds", it added. Union minister and founder of Hindustani Awam Morcha (Secular) Jitan Ram Manjhi on Sunday slammed Paswan for his outbursts over the alleged increase in crimes in Bihar. "He (Chirag) is a new entrant in politics. He has not seen the days of jungle raj in the state before 2005. If he is not aware of the situation during the RJD rule, he should not make such comments. Now, the law and order situation is undoubtedly much better. Bihar is rapidly developing under the NDA rule", he told reporters in Gayaji.

Jobseeker is asked for class 10 and 12 grades, gets outraged: ‘How's this normal?'
Jobseeker is asked for class 10 and 12 grades, gets outraged: ‘How's this normal?'

Time of India

time2 hours ago

  • Time of India

Jobseeker is asked for class 10 and 12 grades, gets outraged: ‘How's this normal?'

A job applicant recently expressed strong disappointment after a recruiter requested their marks from Class 10 and 12 during the hiring process. Sharing their experience through a post titled 'How are employers asking for old pay slips and 10th grade still normal in India??' on the widely followed subreddit 'Indian Workplace,' the individual criticized employers in India for focusing excessively on academic scores from school, which they felt had no bearing on how efficiently someone performs in a job post emphasized that if a company has already determined a salary budget for a particular role, then that should be the basis for compensation. If an applicant does well in the interview, the employer should offer the pre-decided pay. In case the applicant asks for more than what has been allotted, they can simply be informed that the request goes beyond the limit. The user felt this approach would be straightforward and the individual pointed out how outdated hiring practices are still being followed in 2025, including demands for academic mark sheets, old salary slips, resignation letters, and other personal documents. They felt these requirements were unnecessary and invasive and did little to judge a candidate's true other users joined the discussion, sharing similar stories. One user recounted a situation from the oil and gas EPC sector in Chennai. A Japanese company, newly launched in the city, had posted openings online. But before the interview stage, they required multiple documents—Bachelor of Engineering certificates, payslips, and letters from former employers. This user chose to withdraw their application, unwilling to entertain such invasive contributor recalled how someone in their social circle rejected a job seeker simply because the applicant had a low percentage in their 10th-grade exams. That hiring decision was made by a man in a managerial post, who happened to be the brother of the contributor's former girlfriend. His sister, working in HR, even took pride in that rejection—highlighting what the commenter described as a deeply toxic work and family mindset.A final user added that companies should never base a new offer on an applicant's last-drawn salary. Instead, they should communicate the budget ceiling openly, or at least offer around 80% of it by default if the candidate hasn't specified a number. Undervaluing employees, they cautioned, only results in them quitting when they discover the gap between their pay and industry standards.

India should push for joint statement in trade talks with US: GTRI
India should push for joint statement in trade talks with US: GTRI

Business Standard

time3 hours ago

  • Business Standard

India should push for joint statement in trade talks with US: GTRI

India must proceed with caution in its trade talks with the US, drawing lessons from countries like Vietnam and Japan, economic think tank GTRI said on Sunday. To prevent any misrepresentation, the Global Trade Research Initiative (GTRI) said New Delhi should insist on a jointly issued written statement before acknowledging the final terms of any agreement. It added that a Japanese government document released on July 25 shows major gaps between Japan's understanding of a new trade deal with the United States and how President Trump portrayed it just days earlier. Trump claimed on July 22 that the agreement secures massive Japanese investments, strong tariff protections, and guaranteed access for US farm exports, including rice. But Japan's official summary, published by its Cabinet Secretariat, describes a far more limited framework -- still under negotiation and lacking binding commitments, GTRI Founder Ajay Srivastava said. "India should tread carefully as it negotiates its trade agreement with the United States, taking a cue from the experiences of countries like Vietnam and now Japan," he said. India and the US are negotiating a bilateral trade agreement. They are aiming to clinch the first phase by fall (September-October) this year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store