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July 25, 2008 1:39:12 PM CDT

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Stories related to: Nikkei

Stories

19 Stories

  • March 2008

    • Asian Markets Surge As Dollar Comes Back

      newser  |  Bloomberg  |  Mar 19, 08 3:53 AM CDT

      Asian Markets Surge As Dollar Comes Back

      Stocks in Asia had their best day in a month as investors reacted to the Fed's 75-point rate cut and a top Chinese company announced higher-than-expected earnings. The Nikkei climbed 2.5%, with financial stocks leading gains, reports Bloomberg. Companies with substantial business in America also did well—Canon jumped 6.3%, Nintendo 5%—as the dollar made its biggest gain against the yen in almost a decade, pushing back above ¥100. More »

      Tags

      US dollar  • Asian markets  • Nikkei  • Tokyo  • yen

    • Tokyo Recovers, Shanghai Falls Again

      newser  |  Bloomberg  |  Mar 18, 08 3:30 AM CDT

      Tokyo Recovers, Shanghai Falls Again

      Markets in Tokyo had an up day, recovering some of yesterday's major losses as investors speculated that Japan will stand firm in the face of an economic slowdown. Insurers led the gains on the Nikkei, which rose 1.5%. Other Asian bourses also did well Tuesday, but China was an exception, reports Bloomberg: on fears of an interest-rate cut, the Shanghai-Shenzhen CSI 300 index slumped 5.2% to an 8-month low. More »

      Tags

      Asian markets  • Nikkei  • Wen Jiabao  • Hang Seng

    • Dollar Nosedives, Global Markets Tumble

      newser  |  Bloomberg  |  Mar 17, 08 3:55 AM CDT

      Dollar Nosedives, Global Markets Tumble

      The dollar took a pummeling and equity markets in Europe and Asia slumped as worried investors reacted to the Bear Stearns fire sale and the Fed's emergency rate cut. The dollar dropped to a shocking 95 yen, hit an all-time low of $1.59 against the euro, and remained below one Swiss franc. The US currency is "facing a credibility crisis," one Asian investor told Bloomberg, while another said that "the Fed is throwing the dollar out of the window." More »

      Tags

      Bear Stearns  • US dollar  • JPMorgan Chase  • euro  • Asian markets  • Nikkei  • yen  • Hang Seng  • Swiss franc

    • Dollar Sinks Below 100 Yen

      newser  |  Financial Times (UK)  |  Mar 13, 08 5:10 AM CDT

      Dollar Sinks Below 100 Yen

      The dollar's decline continued today, dropping below the symbolically dramatic threshhold of 100 yen for the first time in 12 years. The greenback held on just above ¥100 during the trading day in Tokyo before slumping to ¥99.80 in Europe this morning. The dollar took a pummeling across the board, trading at record lows against not only the yen but also the euro and the Swiss franc. More »

      Tags

      Japan  • US dollar  • Nikkei  • Tokyo  • yen

    • Asian Stock Markets Dive

      newser  |  Associated Press  |  Mar 7, 08 6:07 AM CST

      Asian Stock Markets Dive

      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 would show a rise in US unemployment, which would further hurt already depressed Asian exports. More »

  • January 2008

    • Stocks Retreat in Asian, Euro Markets

      newser  |  Reuters  |  Jan 28, 08 5:59 AM CST

      Stocks Retreat in Asian, Euro Markets

      European and Asian markets slid again today as fears that the US is in a recession gained ground—despite efforts to shore up its economy and the likelihood the Fed would cut rates up to 50 basis points this week, reports Reuters. Commodity producers and banks suffered as investors worried about a global slowdown and anticipated more losses tied to the subprime contagion. More »

      Tags

      recession  • Nikkei

    • Asian Markets Rebound

      newser  |  New York Times  |  Jan 23, 08 5:14 AM CST

      Asian Markets Rebound

      Asian markets bounced back modestly this morning after two days of precipitous drops. Hong Kong's Hang Seng index jumped 10.72%, Japan's Nikkei average rose 2%, and the Topix index was up 2.5%. Sydney's index closed 4.4% higher, breaking a 12-day downturn, and India's Sensitive index saw its first gains in 8 days as traders expressed cautious optimism More »

      Tags

      Asian markets  • Hong Kong  • Nikkei  • Fed  • Hang Seng

    • Asian Stocks Continue Plunge

      newser  |  MarketWatch  |  Jan 22, 08 3:25 AM CST

      Asian Stocks Continue Plunge

      Jitters over the US economy led to a major sell-off in Asian markets for the second straight day, with Australia's benchmark index closing down 7.1%—the biggest single-day loss in nearly 20 years. India's Sensex index skidded 10%, triggering a shutdown, but rallied to close down 4.6%. Japan's Nikkei and the broader Topix index finished 5.7% lower, and Hong Kong's Hang Seng index slumped 8.7% the day after global indexes suffered their biggest plunge since 9/11. More »

      Tags

      George W. Bush  • Japan  • Asian markets  • Hong Kong  • Nikkei  • Fed  • Japanese economy  • Hang Seng  • Asian stocks

  • September 2007

    • Asian Markets in Sharp Slide

      newser  |  Bloomberg  |  Sep 18, 07 6:02 AM CDT

      Asian Markets in Sharp Slide

      Asian stocks fell yet again today as the subprime mortgage crisis continued to reverberate across global markets. The latest dip came when E*Trade Financial Corp and Bank of America announced the credit crisis was hurting earnings, Bloomberg reports. The biggest fear is that the rising cost of credit will halt consumer spending and trigger a global slowdown. More »

      Tags

      stock market  • subprime mortgages  • stocks  • Asian markets  • Nikkei

    • Nikkei Falls After Abe Steps Down

      newser  |  Bloomberg  |  Sep 12, 07 7:21 AM CDT

      Nikkei Falls After Abe Steps Down

      A jump in the price of copper boosted mining and energy stocks in Asia, but Japan's Nikkei index fell nonetheless after news hit of PM Shinzo Abe's resignation. Some investors say the change will be good for Japanese markets in the longer term, however. "Abe was an ineffective prime minister who didn't do anything of value for investors," says a Singapore-based strategist. More »

      Tags

      Japan  • stocks  • Asian markets  • Nikkei  • Shinzo Abe

    • Foreclosures Trigger Asian Drop

      newser  |  Bloomberg  |  Sep 7, 07 4:07 AM CDT

      Foreclosures Trigger Asian Drop

      Asian stocks are falling again, reflecting worry the growing credit crisis in the US will puncture the economy and slash consumer spending. Mizuho Financial Group, Japan's second largest lender, dropped to a two-week low after an increase in home foreclosures in the US —and many other Asian financial stocks and indices dipped, reports Bloomberg. More »

      Tags

      subprime mortgages  • Japan  • Asian markets  • Samsung  • Nikkei  • Japanese economy  • PetroChina  • Asian stocks  • BHP Billiton Ltd.

    • Asian Markets Stumble on Political News

      newser  |  Reuters  |  Sep 4, 07 6:46 AM CDT

      Asian Markets Stumble on Political News

      In the wake of the Japanese agriculture minister's resignation, Asian markets stumbled today ahead of uncertain US economic data. For a change, analysts didn't point to the subprime crisis to account for the Nikkei's 0.5% slide: "After all, investors have got used to news on subprime issues," one equities trader told Reuters. More »

      Tags

      US economy  • Japan  • stocks  • Asian markets  • Nikkei

  • August 2007

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