Nikkei 225 Stock Average

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Japan's Stock Market Surges Back to Where It Was in 1989

The country's financial bubble burst 34 years ago

(Newser) - Japan's benchmark Nikkei 225 index has surged past the record it set in 1989 before the country's financial bubble burst, ushering in an era of faltering growth. The index closed Thursday at 39,098.68, up 2.2%. Its previous record was 38,915.87, set on Dec....

Japanese Stock Market Hits 30-Year High
Japanese Stock Market
Hits 30-Year High
MARKETS

Japanese Stock Market Hits 30-Year High

US markets were closed for Presidents Day

(Newser) - World shares started the week off with a rally, as Japan’s Nikkei 225 index closed above 30,000 for the first time since 1990. European markets closed sharply higher on Monday, following the advance in Asia. Shanghai and Hong Kong were closed for the Lunar New Year. US markets...

Asian Markets in Tailspin
 World Markets Sinking 
UPDATED

World Markets Sinking

Investors 'rattled by fear,' says analyst

(Newser) - Get ready for another wild ride. Asian markets recouped some of their losses after scary declines early today, but European stocks were being buffeted a day after US markets suffered their biggest drop since 2008. By mid-morning London time, Germany's DAX was down 5.6%, France's CAC-40 had...

Markets Reeling From Japan Crisis

Dow off more than 200 after Nikkei falls 11%

(Newser) - Stocks around the world plummeted today, thanks to huge losses in Japan, where the Nikkei Stock Average fell a whopping 11%, completing its biggest two-day drop since 1987. That prompted big Asian and European sell-offs, especially in Germany, where the DAX 30 fell 4.5% in interday trading. In the...

Asian Stocks Follow US Drop
 Asian Stocks Follow US Drop 

MARKETS

Asian Stocks Follow US Drop

Nikkei, Hang Seng both down 3%

(Newser) - Asian stocks followed the American markets lower today as investors grew worried about the sluggish pace of global economic recovery. The Nikkei in Tokyo and the Hang Seng in Hong Kong were both down about 3%, ending a rally that has sent Asian markets up 44% since March. "Those...

Dow Drops Nearly 300 on Auto Bailout News
 Dow Drops Nearly 300 
 on Auto Bailout News 
MARKET update

Dow Drops Nearly 300 on Auto Bailout News

(Newser) - Stocks hit the brakes hard this morning, after the Obama administration’s auto task force panned GM and Chrysler’s proposed reconstruction plans. The Dow was down 298 points by late morning, while the S&P and Nasdaq had tumbled 59 and 31 points respectively. GM plummeted 25%, falling below...

Spooked Stocks Dip Slightly
 Spooked Stocks Dip Slightly   
MARKET opener

Spooked Stocks Dip Slightly

Scary Halloween ahead for Wall Street?

(Newser) - Stocks took a small slide this morning, as spooked investors bid farewell to one of the worst months in market history. The Dow fell 21 points, while the S&P and Nasdaq were off 0.3% and 0.9% respectively, the Wall Street Journal reports. Among the scary news was...

Asia Markets Up, Down (Again)
Asia Markets Up,
Down (Again)

Asia Markets Up, Down (Again)

Indexes rise after Wall St. rally and rate cut hopes, but fall on weak earnings reports

(Newser) - Markets across Asia rebounded today following a huge Wall Street rally and hopes of a drop in interest rates, but failed to hold on to some of their biggest gains as investors hedged against weak earnings reports from heavy hitters such as Panasonic and Sony, MarketWatch reports. Meanwhile, the Japanese...

Asian Markets Tumble Again on Recession Fears

(Newser) - Asian stocks tumbled for a second day Thursday as a barrage of downbeat company forecasts deepened fears of a global recession. Every major regional benchmark was in the red. Japan's Nikkei lost 5.5% to 8,195.74, on top of a 6.8% drop yesterday. Hong Kong's Hang Seng...

Asian Markets Plunge Again


 Asian Markets Plunge Again 


Asian Markets Plunge Again

Key indexes down across board amid continuing recession fears

(Newser) - Share prices tumbled in Asia again today amid fears of a US recession and a braking global economy, reports MarketWatch. The key Nikkei 225 Stock Average plummeted 10%, the Hang Seng Index dropped 7.6%, and the China Enterprises Index lost 9.9%. The MSCI Asian Pacific Index—set for...

Stocks Plunge 600, Rebound
 Stocks Plunge 600, Rebound 
MARKETS

Stocks Plunge 600, Rebound

Panic grips the street

(Newser) - Stocks continued their rocky ride this morning, plunging more than 600 points after the opening bell before rebounding, reports the Wall Street Journal. The Dow, in what the Journal calls a “slow-motion crash,” was down about 250 points after the first hour. The Nasdaq and S&P followed...

Asian Markets Plunging
 Asian Markets Plunging  

Asian Markets Plunging

(Newser) - Asia's markets are following on the heels of the Dow's plunge today, MarketWatch reports. All of them are dropping precipitously at the start of Friday's trading, with Japan's benchmark Nikkei index down more than 10%. Elsewhere, South Korea's was down nearly 9%, Hong Kong's 8%, and Australia's 6.7%. The...

Japan Rebuilds Economic Walls
Japan Rebuilds Economic Walls

Japan Rebuilds Economic Walls

With firms ripe for takeover, gov't moves to make foreign investment tougher

(Newser) - Once, Japan was one of the world’s most closed economies, with near-impregnable barriers guarding against foreign investors. It's moving back in that direction, the Wall Street Journal reports. Companies are buying stakes in each other to complicate international takeover bids, and resurrecting the “poison pill” strategy America pioneered...

Asian Stock Markets Dive
Asian Stock Markets Dive

Asian Stock Markets Dive

US credit crisis has investors in Asian markets hedging their bets

(Newser) - Japan’s Nikkei fell 3.3% and Australia’s S&P/ASX2000 dropped 3.2% as woeful US economic news—including rising foreclosures, worsening homeowner debt and impending credit defaults—sent Asian markets reeling, the Associated Press reports. Investors also worried that a key jobs report to be released this morning...

Citigroup Worries Hit World Markets

Asian, European markets down, US futures off on news of $11B writedown

(Newser) - Asian and European stock indexes declined today, and US futures dropped sharply as news of Citigroup's projected $11 billion writedown triggered fears that the subprime mortgage crisis will continue to roil markets. Japan’s Nikkei stock index closed 1.5% down, a 7-week low, and Hong Kong's Hang Seng index...

Oil, Steel Fuel Surge in Asian Markets

Near-record crude prices outweigh fears of US skid

(Newser) - Crude climbed within 50 cents of a record today, and that meant Asian stock indexes were climbing as well with the Nikkei rising 0.3% and the Asia-Pacific index up 0.1% after big losses Friday. Steel joined oil as a big mover when South Korean producers announced a price...

16 Stories