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Business Recorder
5 days ago
- Business
- Business Recorder
Japan's Nikkei surges on trade deal hopes lift tech; Toyota Industries slides
TOKYO: Japanese stocks snapped a three-session skid on Wednesday after the yen weakened and hopes rose for a potential trade deal that could reopen the technology markets with China. The benchmark Nikkei 225 Index closed 0.8% higher, while the broader Topix added 0.5%. Gainers outnumbered decliners on the Nikkei, with 138 stocks advancing versus 82 ending in the red. Chip sector heavyweights Advantest and Disco rose 1.9% and 1.2%, respectively, following US tech shares' overnight gains. Nintendo jumped 3.4% ahead of the debut of its much-anticipated Switch 2 console on Thursday. Nvidia and other chipmakers drove gains in US stocks overnight ahead of the talks between US President Donald Trump and China's leader Xi Jinping this week to address tariff and trade disputes that have roiled global markets. The trend of rising semiconductor stocks spread to the Japanese stock market on the day along with hopes of progress in trade talks, Wataru Akiyama, a strategist at Nomura Securities, said. 'Semiconductor-related shares are on the rise due to expectations of strong results stemming from chip demand centred around AI.' The yen was little changed at 143.94 per dollar, after a 0.9% slide on Tuesday, benefiting exporters. Japan's Nikkei bounces as US tariff fears ease, yen softens The United States is expecting countries to make their best offers on trade negotiations by Wednesday as sweeping tariffs loom. However, Japan has not received a letter from the US seeking its best proposals on trade talks, Chief Cabinet Secretary Yoshimasa Hayashi said. Toyota Industries slid 12% after Toyota Motor said it would take the forklift maker private in a $33 billion deal, much lower than the amount indicated in earlier media reports. Toyota Motor's shares climbed 1.9%. The largest percentage gainers on the Nikkei were Furukawa Electric, up 6.3%, followed by Tokuyama, which gained 6%. The biggest losers were BayCurrent, down 2.3%, followed by Yamato Holdings, which shed 1.8%.


New Straits Times
5 days ago
- Business
- New Straits Times
Japan's Nikkei surges on trade deal hopes lift tech; Toyota Industries slides
TOKYO: Japanese stocks snapped a three-session skid on Wednesday after the yen weakened and hopes rose for a potential trade deal that could reopen the technology markets with China. The benchmark Nikkei 225 Index closed 0.8 per cent higher, while the broader Topix added 0.5 per cent. Gainers outnumbered decliners on the Nikkei, with 138 stocks advancing versus 82 ending in the red. Chip sector heavyweights Advantest and Disco rose 1.9 per cent and 1.2 per cent, respectively, following US tech shares' overnight gains. Nintendo jumped 3.4 per cent ahead of the debut of its much-anticipated Switch 2 console on Thursday. Nvidia and other chipmakers drove gains in US stocks overnight ahead of the talks between US President Donald Trump and China's leader Xi Jinping this week to address tariff and trade disputes that have roiled global markets. The trend of rising semiconductor stocks spread to the Japanese stock market on the day along with hopes of progress in trade talks, Wataru Akiyama, a strategist at Nomura Securities, said. "Semiconductor-related shares are on the rise due to expectations of strong results stemming from chip demand centred around AI." The yen was little changed at 143.94 per dollar, after a 0.9 per cent slide on Tuesday, benefiting exporters. The United States is expecting countries to make their best offers on trade negotiations by Wednesday as sweeping tariffs loom. However, Japan has not received a letter from the US seeking its best proposals on trade talks, Chief Cabinet Secretary Yoshimasa Hayashi said. Toyota Industries slid 12 per cent after Toyota Motor said it would take the forklift maker private in a US$33 billion deal, much lower than the amount indicated in earlier media reports. Toyota Motor's shares climbed 1.9 per cent. The largest percentage gainers on the Nikkei were Furukawa Electric, up 6.3 per cent, followed by Tokuyama, which gained 6 per cent. The biggest losers were BayCurrent, down 2.3 per cent, followed by Yamato Holdings, which shed 1.8 per cent.
Yahoo
09-05-2025
- Entertainment
- Yahoo
PinkPantheress Goes ‘Stateside' With Her New Single: Stream It Now
PinkPantheress was born in Bath, England, and raised in Kent, but on Friday (April 25), she came 'Stateside' for her latest single. 'Stateside' arrives three weeks after 'Tonight,' the lead single from her upcoming mixtape, Fancy That, which is out May 9 via Parlophone and Warner Records. The club anthem, which samples Panic! At the Disco's 2008 track 'Do You Know What I'm Seeing?,' hit No. 5 on Hot Dance/Pop Songs and No. 25 on Bubbling Under Hot 100. She joked that Doechii 'chewed' her up when performing the 'Tonight' dance backstage at H&M's inaugural music festival in Los Angeles earlier this month. More from Billboard PinkPantheress Announces New 'Stateside' Single Flo Milli Gives Birth to Her First Child: 'Y'all Bett Not Play Bout Y'all Internet Nephew' Tina Knowles Recalls Putting Beyoncé & Solange in Therapy to Prevent a 'Wall' Forming Between Them Fancy That will include seven more songs, but in a Reddit thread last week, the English singer-songwriter-producer said 'Stateside' and 'Illegal' were the songs she enjoyed creating the most. 'I really wanted to make music where it sounds like a statement is being made with the songs. I feel like that was what appealed to me, and it's something that I wanted to take on board,' she said in her Mixmag cover story in March, adding that listening to Fatboy Slim and Groove Armada while making the project inspired 'the size of the music.' Fancy That is PinkPantheress' first project in two years since she dropped her debut studio album, Heaven Knows, which peaked at No. 61 on the Billboard 200. The 'Boy's a Liar' hitmaker dropped her debut mixtape To Hell With It back in 2021, and it reached No. 73 on the Billboard 200. Listen to 'Stateside' below. Best of Billboard Chart Rewind: In 1989, New Kids on the Block Were 'Hangin' Tough' at No. 1 Janet Jackson's Biggest Billboard Hot 100 Hits H.E.R. & Chris Brown 'Come Through' to No. 1 on Adult R&B Airplay Chart


Forbes
05-04-2025
- Entertainment
- Forbes
PinkPantheress Previews New Mixtape With Single ‘Tonight'
PinkPantheress British singer PinkPantheress is gearing up for the release of her next mixtape with the new single 'Tonight.' The song is animated by a sample of Panic! at the Disco's 2008 song 'Do You Know What I'm Seeing?", a creative choice that she alluded to back in 2021. "The beat might be drum 'n' bass, but the writing style might be something you'd hear in a hyperpop song, or early '00s Paramore or Panic! at the Disco,' she told Crack magazine at the time of her sonic curation process. 'I'm picking my favorite musical attributes from certain genres, bands, and artists, and combining them.' 'I leave my bedroom with my posters of you up / I do this all because you're my superstar / I look at you and I wonder why its so complicated / You're talking out to a crowd of people who thought you hated / Your friends will tell me you're too scared of coming up / But tonight, why is it all emotional to me?' she sings on the new track. 'You want sex with me / Come talk to me / Talk later, that's why I'm goin' tonight / You're hot, on fire, that's why I'm callin' tonight / Talk later, that's why I'm goin' tonight / You're sex on fire, that's why I like goin' tonight.' Carving her own musical lane in an industry so determined to squeeze her into a box has been a challenge, but PinkPantheress isn't one to let outside voices get to her. 'A lot of my career has been people telling me their perception of me rather than me saying who I am,' she told Mixmag this week. 'Being a 'popstar' or being in the public eye can definitely make you lose yourself. I am somebody who knows myself down to the bone but I'm telling you, being a singer makes it so easy to think about what people think or want to hear and it makes you lose elements of your beginnings.' PinkPantheress' next project is out May 9.


Bloomberg
04-03-2025
- Business
- Bloomberg
Japan Tech Shares Drop on Tariff Fears, Singapore Chip Probe
Shares of Japanese tech and chip-related firms fell as investors braced for an escalation in the global trade war, ahead of Donald Trump's expected imposition of tariffs on Canada, Mexico and China. Semiconductor equipment maker Advantest dropped as much as 9% to its lowest price since October, with fellow chip names Renesas, Disco and Kokusai Electric falling over 6%. SoftBank Group Corp. lost as much as 5.9% in early Tokyo trade. Data center cable makers Fujikura and Furukawa Electric also fell sharply.