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[hfe_template id='11223'] [ad_1] Japan's Nikkei share average marked a second week of declines on Friday as investors weighed the risk outlooks ahead of a domestic election that could see the ruling party lose its majority. The Nikkei closed 0.6% lower at 37,913.92, posting a 2.7% loss for the week. The broader Topix finished down 0.7% at 2,618.32. The markets have been on edge as recent opinion polls suggest voters could end the Liberal Democratic Party's over decade-long dominance on Sunday, forcing the ruling party into power-sharing deals that may undermine the country's leadership. "That's basically the scenario for 'sell Japan'," with investors considering various scenarios on how such an outcome could impact the fiscal and monetary policy outlook, said Naka Matsuzawa, chief macro strategist at Nomura Securities. The losses were widespread as investors adjusted positions on Friday, the last day of trading before votes are counte...

[hfe_template id='11223'] [ad_1] Japan's Nikkei share average fell for a seventh straight session amid widespread losses on Wednesday, as the yen's rally to its strongest against the dollar this year weighed. The Nikkei closed down 1.5% at 35,619.77, after slumping over 2% to brush near Monday's one-month intraday low of 35,247.87. The broader Topix fell 1.8% to end the session at 2,530.67. The dollar dropped as much as 1.24% to 140.71 yen, a level not seen since Dec. 28, before trading at 141.16 yen as of 0547 GMT, following the U.S. presidential debate and remarks by Bank of Japan board member Junko Nakagawa. A stronger yen tends to hurt exporter shares as it decreases the value of overseas profits in yen terms when firms repatriate them to Japan. Shares of exporters slid, with the underperformance of automakers standing out. Toyota Motor stumbled 3.1%, while Subaru Corp declined over 4% and Honda Motor slid 3%. Losses broadened in afternoon trade, with ...

[hfe_template id='11223'] [ad_1] Japan's Nikkei share average fell more than 4% on Wednesday, as chip-related stocks followed AI darling Nvidia lower and soft U.S. manufacturing data reignited fears of a hard landing for the economy. The Nikkei closed 4.24% lower at 37,047.61, marking its lowest close since Aug. 15 and biggest decline since Aug. 5. The broader Topix fell 3.65% to 2,633.49. "Today's decline was a reaction to the sharp recovery from the big losses in mid-August," said Tomochika Kitaoka, chief equity strategist at Nomura Securities. "The market has turned cautious about the state of the U.S. economy and will remain cautious until the non-farm payrolls data due on Friday." The Nikkei fell more than 12% to 31,458.42 on Aug. 5 in its biggest decline since Black Monday amid U.S. recession fears and a sharply stronger yen. On Wednesday, a stronger yen also weighed on local equities, many of which are exporters. "What is differe...