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Business Recorder
6 days ago
- Business
- Business Recorder
Japan's Nikkei falls for 3rd day as trade impasse, election weigh on sentiment
TOKYO: Japan's Nikkei share gauge slid for a third-straight session on Monday as concerns about an upcoming domestic election and unresolved trade talks with the United States weighed on investor sentiment. The Nikkei 225 Index closed 0.3% lower, while the broader Topix gauge ended flat. Japanese Prime Minister Shigeru Ishiba has said Japan would continue tariff negotiations with the U.S. after U.S. President Donald Trump last week raised tariffs on Japanese imports to 25% starting August 1. However, these talks could face challenges, as prospects of Ishiba's ruling coalition retaining its majority in the upper house after a vote on July 20 are dimming. 'If the ruling party were to lose its majority in the upper house, there is a risk that trade negotiations with the U.S. will be delayed, and market concerns about fiscal expansion will increase,' said Nomura strategist Fumika Shimizu. 'I think there is a great possibility that the Japanese stock market will be affected by these developments.' Japan's Nikkei inches higher as chip stocks track Wall Street's record finish There were 106 advancers on the Nikkei index against 119 decliners. The largest losers by percentage in the gauge were online retailer Mercari, down 5.4%, followed by videogame maker Nexon, which slid 4.2%. The largest gainers in the index were major manufacturers Mitsubishi Heavy Industries Ltd and IHI, both surging more than 3.6%. Real trade negotiations are likely to be compressed in the period after Japan's upper house election and Trump's latest deadline of August 1, said Weston Nakamura, a markets analyst who publishes the Across the Spread newsletter. Even so, Japan and South Korea are looking comparatively better after subsequent tariff announcements by Trump, such as 50% against Brazil, he said. 'So, this Monday, Japan and Korea's situation doesn't look so bad anymore,' Nakamura said. 'They still remain the relatively favoured nations.'


Economic Times
6 days ago
- Business
- Economic Times
Japan's Nikkei falls for 3rd day as trade impasse, election weigh on sentiment
Japan's Nikkei share gauge slid for a third-straight session on Monday as concerns about an upcoming domestic election and unresolved trade talks with the United States weighed on investor sentiment. ADVERTISEMENT The Nikkei 225 Index closed 0.3% lower, while the broader Topix gauge ended flat. Japanese Prime Minister Shigeru Ishiba has said Japan would continue tariff negotiations with the U.S. after U.S. President Donald Trump last week raised tariffs on Japanese imports to 25% starting August 1. However, these talks could face challenges, as prospects of Ishiba's ruling coalition retaining its majority in the upper house after a vote on July 20 are dimming. "If the ruling party were to lose its majority in the upper house, there is a risk that trade negotiations with the U.S. will be delayed, and market concerns about fiscal expansion will increase," said Nomura strategist Fumika Shimizu. "I think there is a great possibility that the Japanese stock market will be affected by these developments." ADVERTISEMENT There were 106 advancers on the Nikkei index against 119 decliners. The largest losers by percentage in the gauge were online retailer Mercari, down 5.4%, followed by videogame maker Nexon, which slid 4.2%. The largest gainers in the index were major manufacturers Mitsubishi Heavy Industries Ltd and IHI, both surging more than 3.6%. ADVERTISEMENT Real trade negotiations are likely to be compressed in the period after Japan's upper house election and Trump's latest deadline of August 1, said Weston Nakamura, a markets analyst who publishes the Across the Spread newsletter. Even so, Japan and South Korea are looking comparatively better after subsequent tariff announcements by Trump, such as 50% against Brazil, he said. ADVERTISEMENT "So, this Monday, Japan and Korea's situation doesn't look so bad anymore," Nakamura said. "They still remain the relatively favoured nations." (You can now subscribe to our ETMarkets WhatsApp channel)


Business Recorder
6 days ago
- Business
- Business Recorder
Japanese shares sluggish as trade impasse, election weigh on sentiment
TOKYO: Japanese shares were sluggish on Monday as concerns about an upcoming domestic election and unresolved trade talks with the United States weighed on investor sentiment. The Nikkei 225 Index was down 0.2% as of the midday break, poised for a third straight session of decline. The broader Topix was flat. Japanese Prime Minister Shigeru Ishiba has said Japan would continue tariff negotiations with the U.S. after U.S. PresidentDonald Trump last week raised tariffs on Japanese imports to 25% starting August 1. However, prospects of Ishiba's ruling coalition retaining its majority in the upper house after a vote on July 20 are dimming. 'If the ruling party were to lose its majority in the upper house, there is a risk that trade negotiations with the U.S. will be delayed, and market concerns about fiscal expansion will increase,' said Nomura strategist Fumika Shimizu. Japan's Nikkei inches higher as chip stocks track Wall Street's record finish 'I think there is a great possibility that the Japanese stock market will be affected by these developments.' There were 115 advancers on the Nikkei index against 108 decliners. The largest losers by percentage were videogame maker Nexon, down 3.6%, followed by chip-industry supplier Lasertec Corp, which lost 3.5%. Nissan Motor led gainers on the Nikkei with a 3% advance, recovering slightly from a plunge last week. Mitsubishi Heavy Industries followed with a 2.7% gain.


Yomiuri Shimbun
6 days ago
- Business
- Yomiuri Shimbun
Japan's Nikkei Stock Average Japanese Shares Sluggish as Trade Impasse, Election Weigh on Sentiment
TOKYO, July 14 (Reuters) – Japanese shares were sluggish on Monday as concerns about an upcoming domestic election and unresolved trade talks with the United States weighed on investor sentiment. The Nikkei 225 Index .N225 was down 0.2% as of the midday break, poised for a third straight session of decline. The broader Topix .TOPX was flat. Japanese Prime Minister Shigeru Ishiba has said Japan would continue tariff negotiations with the U.S. after U.S. President Donald Trump last week raised tariffs on Japanese imports to 25% starting August 1. However, prospects of Ishiba's ruling coalition retaining its majority in the upper house after a vote on July 20 are dimming. 'If the ruling party were to lose its majority in the upper house, there is a risk that trade negotiations with the U.S. will be delayed, and market concerns about fiscal expansion will increase,' said Nomura strategist Fumika Shimizu. 'I think there is a great possibility that the Japanese stock market will be affected by these developments.' There were 115 advancers on the Nikkei index against 108 decliners. The largest losers by percentage were videogame maker Nexon 3659.T, down 3.6%, followed by chip-industry supplier Lasertec Corp 6920.T, which lost 3.5%. Nissan Motor 7201.T led gainers on the Nikkei with a 3% advance, recovering slightly from a plunge last week. Mitsubishi Heavy Industries 7011.T followed with a 2.7% gain.


India.com
10-07-2025
- Automotive
- India.com
New National Sensation: Discover India's Best-Selling Car - Its Not Punch, Nexon, Swift Or Brezza
photoDetails english 2929812 India's Best-Selling Car: Which is the best-selling car in India? Any guesses? Before you make the wrong one, know that it's not the Tata Punch, Nexon, Maruti Swift, or Brezza. Confused? Don't be. It's the Hyundai Creta. In June 2025, the Hyundai Creta became India's best-selling car, reclaiming its number one spot from the Maruti Dzire. Hyundai sold a total of 15,786 units of Creta last month, which is 302 units more than its closest rival, the Dzire. Let's dive into the details of the Hyundai Creta.