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Japan’s Finance Minister said that discussions with market participants is a key factor in making sure that government bonds are bought and sold stably, as the ministry neared a closely watched gathering with investors. “We are engaged in thoughtful and careful dialogue with the market, and it is incumbent upon us to make sure that…
TOKYO, – Japan’s Nikkei share average climbed on Friday, supported by falling U.S. Treasury yields and a weaker yen, although the index is on track to break its four-week winning streak. The Nikkei was up 0.8% at 37,280.84 by the midday break, but has lost 1.25% so far this week. The broader Topix climbed 0.81%…
Yes Bank share: Following the State Bank of India (SBI) move to offload its 13.19% stake in Yes Bank in favour of Japan’s Sumitomo Mitsui Banking Corporation (SMBC), bulls bet high on Yes Bank shares on Friday. The share price witnessed a sharp upside on Friday and finished 10% higher at ₹20.05 apiece on the…
Japan’s largest life insurer plans to reduce its holdings of the nation’s sovereign bonds, even as higher yields have attracted more domestic buyers and overseas investors to the haven asset. Nippon Life Insurance Co. said that after making purchases at a brisk pace earlier this month, buying will now steady and that on a book…
Asian markets traded lower on Friday, following overnight sell-off on Wall Street as trade war tensions between US and China escalated and fueled risk-off mood. Japan’s Nikkei share average led the losses in the region with a steel cut of over 5%. Japan’s Nikkei 225 plunged 5.46%, while the Topix tanked 5.05%. The Nikkei had…
Asian markets opened with strong gains on Thursday, following Wall Street’s biggest one-day rally in years after US President Donald Trump announced a temporary pause on higher tariffs on all nations barring China. Trump announced an immediate 90-day tariff pause for many countries even as he raised the levy on Chinese imports to 125%. Japan’…