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Business Recorder
10-07-2025
- Business
- Business Recorder
Nikkei slips as election, US tariffs weigh
TOKYO: Japan's Nikkei share gauge slid on Thursday, snapping a two-day advance, as trade frictions and an upcoming election weighed on investor sentiment. The Nikkei 225 Index lost 0.6% to 39,646.36, while the broader Topix shed 0.6%. The Nikkei closed above the psychological level of 40,000 on June 27 for the first time since early January, but since then has hovered mostly below that line. 'The Nikkei has been struggling to move higher ahead of the 40,000 mark,' said Wataru Akiyama, a strategist at Nomura Securities. 'The stock market may be taking a wait-and-see attitude given the lack of progress in the Japan-US tariff negotiations and the upper house election.' Retailer Aeon plunged 4.9% after postponing its earnings announcement due to the discovery of inappropriate accounting practices at a Vietnamese subsidiary.
Time of India
10-07-2025
- Business
- Time of India
Japan's Nikkei slips as election, US tariffs weigh; Disco gains
Japan's Nikkei dipped, ending a two-day rally, influenced by trade tensions and the upcoming election. The Nikkei 225 fell 0.6% to 39,646.36, while the Topix also shed 0.6%. Aeon's shares plummeted due to accounting irregularities. Disco, a chipmaker supplier, saw gains after raising its earnings forecast. New tariffs from the U.S. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Japan's Nikkei share gauge slid on Thursday, snapping a two-day advance, as trade frictions and an upcoming election weighed on investor Nikkei 225 Index lost 0.6% to 39,646.36, while the broader Topix shed 0.6%.The Nikkei closed above the psychological level of 40,000 on June 27 for the first time since early January, but since then has hovered mostly below that line."The Nikkei has been struggling to move higher ahead of the 40,000 mark," said Wataru Akiyama, a strategist at Nomura Securities."The stock market may be taking a wait-and-see attitude given the lack of progress in the Japan-U.S. tariff negotiations and the upper house election."Retailer Aeon plunged 4.9% after postponing its earnings announcement due to the discovery of inappropriate accounting practices at a Vietnamese supplier Disco led gains on the Nikkei with a 4.2% surge after it raised its first-quarter earnings forecast, citing strong demand related to artificial this week, U.S. President Donald Trump announced 25% tariffs on Japan and other trade partners starting August 1, a date he said was Japan stands out among major U.S. trading partners as still being far from a trade deal despite multiple rounds of Japanese policymakers are increasingly focused on a critical upcoming election on July 20. Polls show the government's ruling coalition is in danger of losing its majority in the upper is seeking talks between its tariff negotiator, Ryosei Akazawa, and U.S. Treasury Secretary Scott Bessent during the latter's visit to Japan for the World Expo next week, the Yomiuri newspaper reported, citing Japanese government were 60 advancers on the Nikkei index against 163 decliners. The biggest losers by percentage were Nikon, down 5.3%, followed by Omron, which sank 5.2%.The biggest percentage gainers were Disco, followed by consulting firm BayCurrent, which jumped 3.51%.
Business Recorder
10-07-2025
- Business
- Business Recorder
Japan's Nikkei slips as election, US tariffs weigh; Disco gains
TOKYO: Japan's Nikkei share gauge slipped on Thursday, stalling ahead of the key 40,000 level, as trade frictions and an upcoming election weighed on investor sentiment. The Nikkei 225 Index lost 0.6% to 39,584.11 after two days of gains. The broader Topix shed 0.8%. Retailer Aeon plunged 3.5% after postponing its earnings announcement due to the discovery of inappropriate accounting practices at a Vietnamese subsidiary. Chip-maker supplier Disco led gains with a 4.3% surge after it raised its first-quarter earnings forecast, citing strong demand related to artificial intelligence. Earlier this week, US President Donald Trump announced 25% tariffs on Japan and other trade partners starting August 1, a date he said was final. Export-dependent Japan remains an outlier among the US's key trading partners, with multiple rounds of trade talks failing to produce a breakthrough. Meanwhile, Japanese policymakers are increasingly focused on a critical upcoming election on July 20. 'The Nikkei has been struggling to move higher ahead of the 40,000 mark,' said Wataru Akiyama, a strategist at Nomura Securities. 'The stock market may be taking a wait-and-see attitude given the lack of progress in the Japan-US tariff negotiations and the upper house election.' Japan is seeking talks between its tariff negotiator, Ryosei Akazawa, and US Treasury Secretary Scott Bessent during the latter's visit to Japan for the World Expo next week, the Yomiuri newspaper reported, citing Japanese government sources. There were 40 advancers on the Nikkei against 180 decliners. The biggest losers by percentage were Nikon, down 4.68%, followed by Tokyo Electric, which slid 3.9%. The biggest percentage gainers were Disco, followed by Rakuten Group, which rose 4%.
Yomiuri Shimbun
10-07-2025
- Business
- Yomiuri Shimbun
Japan's Nikkei Stock Average Slips as Election, US Tariffs Weigh; Disco Gains
TOKYO, July 10 (Reuters) – Japan's Nikkei share gauge slipped on Thursday, stalling ahead of the key 40,000 level, as trade frictions and an upcoming election weighed on investor sentiment. The Nikkei 225 Index .N225lost 0.6% to 39,584.11 after two days of gains. The broader Topix .TOPXshed 0.8%. Retailer Aeon 8267.T plunged 3.5% after postponing its earnings announcement due to the discovery of inappropriate accounting practices at a Vietnamese subsidiary. Chip-maker supplier Disco 6146.T led gains with a 4.3% surge after it raised its first-quarter earnings forecast, citing strong demand related to artificial intelligence. Earlier this week, U.S. President Donald Trump announced 25% tariffs on Japan and other trade partners starting August 1, a date he said was final. Export-dependent Japanremains an outlier among the U.S.'s key trading partners, with multiple rounds of trade talks failing to produce a breakthrough. Meanwhile, Japanese policymakers are increasingly focused on a critical upcoming election on July 20. 'The Nikkei has been struggling to move higher ahead of the 40,000 mark,' said Wataru Akiyama, a strategist at Nomura Securities. 'The stock market may be taking a wait-and-see attitude given the lack of progress in the Japan-U.S. tariff negotiations and the upper house election.' Japan is seeking talks between its tariff negotiator, Ryosei Akazawa, and U.S. Treasury Secretary Scott Bessent during the latter's visit to Japan for the World Expo next week, the Yomiuri newspaper reported, citing Japanese government sources. There were 40 advancers on the Nikkei against 180 decliners. The biggest losers by percentage were Nikon 7731.T, down 4.68%, followed by Tokyo Electric 9501.T, which slid 3.9%. The biggest percentage gainers were Disco, followed by Rakuten Group 4755.T, which rose 4%.
Business Recorder
22-05-2025
- Business
- Business Recorder
Japan's Nikkei falls on profit-taking
TOKYO: Japan's Nikkei share average fell on Wednesday as traders locked in recent gains and appreciation in the yen sapped demand for exporters. Tokio Marine Holdings sank 2.6% and triggered a decline in insurance companies after forecasting a 12% drop in annual profit. Mizuho surged 2.7%, leading banks higher after announcing a plan to shed cross-shareholdings. The benchmark Nikkei has climbed 4.4% since US President Donald Trump announced sweeping tariffs on April 2, only to pause most of them as he sought bilateral trade deals. 'Stocks have been on a rise, but now that earnings have come to an end, I think there's a slight lack of catalysts in the market,' said Wataru Akiyama, a strategist at Nomura Securities. 'We may be seeing an adjustment in the stock market after the recent rally has led to short-term overheating.' Japan's export-reliant economy and equity market are still vulnerable to how trade talks with the US pan out. The nation's lead trade negotiator, Ryosei Akazawa, will head to the US on Friday for a third round of talks, the Nikkei newspaper reported. Data on Wednesday showed Japanese exports rose for the seventh straight month in April but shipments to the US fell, highlighting the toll of Trump's tariffs.
