Japan core machinery orders rose 8.7% in April from the previous month, government data showed, marking a strong rebound in a key measure of private-sector equipment demand. The seasonally adjusted value of core orders reached 1,098.5 billion yen. The figures
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TOKYO: Japan’s Nikkei 225 closed at a record 62,833.84 on Thursday, rising 5.58% after climbing above 62,000 for the first time and briefly crossing 63,000 intraday, as investors returned from a three-day holiday break to strong demand for technology stocks. The benchmark reached
TOKYO: Japan posted a current account surplus of 3.93 trillion yen, or about $24.8 billion, in February, as strong returns on overseas investments helped offset softer trade-related gains and a continued shortfall in services. Preliminary balance of payments data released by the
The U.S. dollar ended 2024 with significant gains against most global currencies, supported by higher Treasury yields and reduced expectations for aggressive Federal Reserve rate cuts. Despite slipping slightly on the final trading day, the dollar’s strength reflected investor caution
Business confidence among Japan’s major manufacturers improved slightly in December, according to the Bank of Japan’s latest Tankan survey released on Friday. The sentiment index rose to 14, up from 13 in September, signaling cautious optimism among companies such as
In a significant financial development, the Nikkei, Japan’s premier stock index, surged to an eight-month high, driven by the Bank of Japan’s (BOJ) decision to sustain its ultra-easy monetary policy. The central bank’s move, along with a series of robust