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[hfe_template id='11223'] [ad_1] Japan's Nikkei share average lost ground on Friday, pausing after a recent rally, as expectations of rising domestic interest rates weighed on sentiment. The Nikkei 225 Index slid 1% to close at 50,491.87, trimming its weekly gain to 0.5%. The broader Topix fell 1.1%. An 18-year peak in benchmark Japanese government bond yields dampened equities after a three-day rally, Nomura Securities strategist Maki Sawada said, as investors awaited policy decisions from the Bank of Japan and the U.S. Federal Open Market Committee (FOMC). "Regarding the rise in the 10-year yield, one factor is growing speculation that the Bank of Japan may raise rates at its December meeting," Sawada said. "With the FOMC looming next week, I think Japan's stock market is likely to face some selling pressure." The BOJ is likely to raise rates this month with the government expected to tolerate such a decision, Reuters reported on Thursday. L...

[hfe_template id='11223'] [ad_1] Japan's Nikkei share average rose on Wednesday, extending gains after SoftBank Group trimmed losses, while Sony Group helped the broader Topix to close at a fresh high on a robust annual profit forecast. The Nikkei closed 0.43% higher at 51,063.31 in choppy trade. The broader Topix jumped 1.14% to a record high close of 3,359.33. SoftBank Group ended 3.46% lower, after falling 10%, as the technology investor disclosed its sale of Nvidia stake for $5.8 billion. Heavyweight chip-related shares fell, with Advantest and Tokyo Electron down 0.23% and 1.55%, respectively. "SoftBank Group pared losses, while investors bought stocks across various sectors, which helped the Nikkei to end higher," said Shota Sando, market analyst at Tokai Tokyo Intelligence Laboratory. Live Events TDK, maker of electronic components, jumped 4.92% to become the biggest source of the Nikkei's gains, while drugmaker Chugai Pharmaceutical rose 4.37%.M...

[hfe_template id='11223'] [ad_1] Japan's Nikkei share average rose more than 1% on Friday, driven by index heavyweight tech stocks, and was poised for an eighth weekly gain in nine on expectations for fiscal dove Sanae Takaichi's new government. The Nikkei climbed 1.35% to 49,299.12 by the midday break after a sharp drop in the previous session. The broader Topix rose 0.66% to 3,275.37. For the week, the Nikkei has risen 3.6% and the Topix has gained 3.3%. "Investors scooped up technology stocks that became cheap in the past several sessions," said Shuutarou Yasuda, a market analyst at Tokai Tokyo Intelligence Laboratory. The Nikkei hovered near a record high, driven by a rally in AI-related stocks and buoyed by bets of economic stimulus from Takaichi, who was elected as Japan's prime minister this week. Live Events "Shares that move the Nikkei are rotating. Even as AI-related shares decline, investors scoop up other shares that are riding ...

[hfe_template id='11223'] [ad_1] Japan's Nikkei share average finished more than 1% lower on Thursday, as investors booked profits from a rally driven by expectations for fiscal dove Sanae Takaichi's new government. The Nikkei declined 1.35% to 48,641.61 in its second straight session of falls. The broader Topix edged down 0.39% to 3,253.78. "Investors had scooped up stocks ahead of the parliamentary vote to elect Takaichi as prime minister, and as soon as she was elected, they started a selloff as all the good news was priced in," said Kazuaki Shimada, chief strategist at IwaiCosmo Securities. Hardline conservative Takaichi was elected Japan's first female prime minister on Tuesday, sending the Nikkei to a record intraday high of 49,945.95 on that day. Sentiment was also hurt by concerns over the U.S.-China relationship after reports that the Trump administration was considering curbs on exports to China made with U.S. software. Live Events "T...

[hfe_template id='11223'] [ad_1] Japan's Nikkei share average advanced to a four-month high on Tuesday, tracking overnight Wall Street gains following signs of a potential de-escalation of tensions in the Middle East. Bank shares rose after the Bank of Japan signalled it is still on track to raise interest rates in the longer term. The broader equity market, however, largely shrugged off widely expected decisions to keep borrowing costs steady and slow the pace of government bond purchase reductions from next April. The Nikkei closed 0.6% higher at 38,536.74. Earlier in the day, it reached 38,581.25 for the first time since February 21. The broader Topix added 0.4%. All three major U.S. stock indexes advanced strongly on Monday as market sentiment improved with Iran seeking a ceasefire with Israel. The latest flare-up in the Middle East more closely resembles the Six-Day War of 1967 than other longer-lasting conflicts in the region, said Tony Sycamore, an analyst ...