Japan’s Nikkei 225 index briefly surpassed 41000, reaching a new all-time high on Friday 22nd March 2024, as the nation’s inflation rate reportedly accelerated in February 2024. Other Asia-Pacific markets experienced declines. The headline inflation rate in Japan for February 2024 was reported at 2.8%, an increase from the 2.2%Read More →
Japan’s Nikkei 225 ended some 90 points shy of breaching the 40000 level, leading gains in Asia stocks on Friday 1st March 2024. Japan’s Nikkei 225 hit a fresh record high, closing 1.9% higher at 39910Read More →
Japan’s Nikkei 225 index hit a new all-time high on Monday 26th February 2024. In contrast China markets slipped after a nine-day winning streak. The Nikkei 225 ended 0.4% higher at 39233 comfortably above its previous closing record of 39,098.68. The index breached its 1989 all-time high of 38915 on ThursdayRead More →
Japan’s Nikkei 225 hit a record high of: 39098 on Thursday 22nd February 2024. The rally was propelled by electronics, banking and consumer stocks as robust earnings and investor-friendly measures fuel a blistering rally in Japanese equities. The Nikkei 225 jumped 2%, surpassing the previous record high of 38,915.87 reached in 1989.Read More →
Japan’s Nikkei 225 index set a new record in nearly 34 years last week, breaking the 35000 barrier for the first time since February 1990. Its all-time high of 38915 was hit in December 1989? That’s a 35 year old record! Some analysts think that the long-term prospects for theRead More →
The Nikkei 225 index, is a stock market index for the Tokyo Stock Exchange. The Nikkei 225 reached its all-time high on 29 December 1989, during the peak of the Japanese asset price bubble, when it reached an intra-day high of 38,957.44, before closing at 38,915.87. This was after a decade-long bull run throughoutRead More →
In a move that reverberated across global financial markets, the Bank of Japan (BOJ) recently bid farewell to its negative interest rate policy – the last of its kind in the world. This decision marks a pivotal moment in the realm of central banking and has far-reaching implications for economiesRead More →
According to the revised official data, the Japan’s gross domestic product (GDP) grew by 0.4% in the fourth quarter of 2023 compared to the same period in the previous year. According to this revision, the economy avoided a technical recession, which is usually defined as two successive quarters of negativeRead More →
Japan’s economy slipped into a technical recession, after the economy unexpectedly contracted again in the October-December 2023period, government data showed Thursday 15th February 2024. High inflation affected domestic demand and private consumption in what’s now the world’s fourth-largest economy. Provisional gross domestic product contracted 0.4% in the fourth quarter compared with aRead More →
After a decade-long bull run throughout the 1980’s, the Nikkei 225 index reached an all-time high of 38,915 on December 29, 1989, the last trading day of the year. Few could have imagined, on New Year’s Eve of 1989, that the index would be lower 34 years later. As the New YearRead More →
The Nasdaq and Dow hit new all-time highs in recent days and the S&P 500 is hot on their heels. After nine straight days of gains, Wall Street suddenly reversed an hour and a half before the closing bell on Wednesday 20th December 2023. The sell-off expanded into Asia overnight,Read More →