Japanese shares fell on concern a bailout plan for Cyprus will set a precedent for losses on bank deposits in other European nations. Exporters pared declines after the yen weakened as the Bank of Japan governor outlined monetary easing steps.
Japanese shares rose, with the Topix Index closing at a 4 1/2-year high, on expectations the Bank of Japan’s new governor will announce more easing today and after data showed Chinese manufacturing accelerated.
Japanese shares rose, with the Nikkei 225 Stock Average posting its longest daily winning streak since 2009, after better-than-forecast U.S. hiring and a weaker yen boosted the earnings outlook for exporters.
Japanese shares rose, with the Nikkei 225 Stock Average closing at its highest since 2008, amid speculation about who will be the next Bank of Japan governor. Shares pared gains after the yen erased declines.
Atsushi Saito , president of Tokyo Stock Exchange Group Inc. , said in November there would be no value in expanding Japan’s biggest stock exchange through mergers. Yesterday, the 71-year-old said he’s considering a marriage with an old rival.
Asian stocks rose, with the regional benchmark index headed for its biggest gain in a week, as Japan’s largest lenders jumped on speculation a recent share rally will boost profit. Australia’s market capped its longest rising streak since 2004 and Korean shares rebounded from yesterday’s loss.
Japanese stocks declined, extending losses on the Nikkei 225 Stock Average for a third week, after the government cut its forecast for the country’s economic growth and as concern grew Europe’s debt crisis will spread.
Japan’s Topix index rose for a third day, the longest winning streak in more than a week, as better- than-forecast retail sales in the U.S. and a weaker yen boosted the outlook for exporters’ earnings.