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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: Topix

Topix stories: 2 news summaries

Japan May Buy Stocks
to Rescue Tanking Market

Government prepares to act as indexes hit 26-year low

(Newser) - The Japanese government said today that it might intervene to prop up the stock market, as the country's two main indexes approached their lowest levels in 26 years. The continued decline of the Nikkei and Topix—down 18% this year alone—has endangered Japan's banks, which hold a substantial amount... More »

MORE ABOUT:
Japan Nikkei Japanese economy financial crisis Topix Kaoru Yosano

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... More »

2 Stories