logo
Japanese shares decline amid rising geopolitical risks

Japanese shares decline amid rising geopolitical risks

Saba Yemen6 hours ago

Tokyo - Saba:
The Japanese index fell in early trading on Friday as geopolitical risks surrounding the conflict in the Middle East weighed on sentiment.
The Nikkei average fell 0.1 percent to 38,442.36 points after rising 0.4 percent earlier in the session. The index is on track for a 1.6 percent weekly gain.
The broader Topix index fell 0.29 percent to 2,784.02 points, but is on track for a 1 percent weekly gain.
Fast Retailing, owner of the Uniqlo brand, lost 2.1 percent, weighing heavily on the Nikkei. Video game developer Konami Group fell 1.7 percent.
Whatsapp Telegram Email Print

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Japanese shares decline amid rising geopolitical risks
Japanese shares decline amid rising geopolitical risks

Saba Yemen

time6 hours ago

  • Saba Yemen

Japanese shares decline amid rising geopolitical risks

Tokyo - Saba: The Japanese index fell in early trading on Friday as geopolitical risks surrounding the conflict in the Middle East weighed on sentiment. The Nikkei average fell 0.1 percent to 38,442.36 points after rising 0.4 percent earlier in the session. The index is on track for a 1.6 percent weekly gain. The broader Topix index fell 0.29 percent to 2,784.02 points, but is on track for a 1 percent weekly gain. Fast Retailing, owner of the Uniqlo brand, lost 2.1 percent, weighing heavily on the Nikkei. Video game developer Konami Group fell 1.7 percent. Whatsapp Telegram Email Print

Dollar falls as inflation declines, Euro hits 4-Year high
Dollar falls as inflation declines, Euro hits 4-Year high

Saba Yemen

time13-06-2025

  • Saba Yemen

Dollar falls as inflation declines, Euro hits 4-Year high

New York - Saba: The US dollar fell on Thursday after weaker-than-expected US inflation data for May, increasing expectations that the Federal Reserve may cut interest rates sooner than expected. In contrast, the euro rose to its highest level since October 2021, while safe-haven currencies such as the Japanese yen and the Swiss franc benefited from escalating geopolitical tensions in the Middle East. The dollar fell more than 1% to 0.8114 Swiss francs, after reaching 0.8104, its lowest level since April 22. The dollar also fell 0.7% to 143.59 Japanese yen, after touching a one-week low. The euro, on the other hand, rose to $1.1632, its highest level since October 2021, and was last trading at $1.1576, up 0.8%. Whatsapp Telegram Email Print

Japanese stocks decline after weak US data, rising yen
Japanese stocks decline after weak US data, rising yen

Saba Yemen

time05-06-2025

  • Saba Yemen

Japanese stocks decline after weak US data, rising yen

Tokyo - (Saba): Japanese stocks fell on Thursday, amid weak US economic data that raised concerns about the growth prospects for the world's largest economy. A stronger yen pressured export-oriented stocks, particularly automakers. The Nikkei index fell 0.1 percent, closing at 37,704.91 points, after losing about 0.6 percent earlier in the session. The broader Topix index also fell 0.64 percent to 2,627.17 points. Markets were affected by a report from research firm ADP, which showed a slowdown in US private-sector hiring, with employers hiring the fewest workers since March 2023, and the services sector contracting for the first time in a year. Whatsapp Telegram Email Print

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