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[hfe_template id='11223'] [ad_1] Japan's Nikkei share average rose on Wednesday as investors held on to hopes that U.S. President Donald Trump may approach tariffs with more flexibility than previously anticipated while announcing more reciprocal levies next week. The Nikkei closed up 0.7% at 38,027.29, marking a second consecutive day of gains. It earlier rose a little more than 1% to touch a one-month intraday high of 38,220.69. The broader Topix gained 0.6% to finish at 2,812.89. Market players were leaning into a more optimistic view after Trump said on Monday automobile tariffs were coming soon but indicated that not all of his threatened levies would be imposed next week and that some countries may get breaks. All three of Wall Street's main stock indexes ended higher on Tuesday, albeit by small amounts, in a boost to investor sentiment. Live Events The direction of equities depends on U.S. tariff policies, but Rakuten Securities' chief strategist M...

[hfe_template id='11223'] [ad_1] Japan's Nikkei share average surged nearly 1% on Monday, fuelled by widespread gains, as investor sentiment was lifted by a sharp rise in U.S. stocks at the end of last week. The Nikkei rose 0.9% to end at 37,396.52, its highest closing point in more than a week, while the broader Topix finished 1.2% higher at 2,748.12. All three major U.S. stock indexes posted solid gains on Friday, as investors hunted for bargains at the end of a tumultuous week, with recently battered tech-related megacaps enjoying a strong comeback. Wall Street's gains, along with news that the U.S. Congress had passed a stopgap spending bill to avert a partial government shutdown, lifted sentiment and fuelled the equity market's rise on Monday, said Hiroshi Namioka, chief strategist at T&D Asset Management. "It may be fleeting, but for now the global risk-off trend has eased up today," he said. Live Events Gains were particularly noticea...

[hfe_template id='11223'] [ad_1] Japan's Nikkei share average rallied more than 2% on Friday, buoyed by further softening of the yen after a strong advocate of "Abenomics" took the lead in first-round votes in the ruling Liberal Democratic Party's leadership election. The Nikkei ended 2.32% higher at 39,829.56, its highest close since July 19, while the broader Topix finished up 0.73% at 2,740.94. The gains extended after right-wing economic security minister Sanae Takaichi and former defence minister Shigeru Ishiba qualified for the second round of voting to replace Prime Minister Fumio Kishida as the leader of Japan's ruling party. The market was reacting to Takaichi, an advocate of deceased former premier Shinzo Abe's "Abenomics" stimulus policies and a vocal opponent of further interest rate hikes in Japan, coming in with the most votes in the first round, analysts said. "She advocates for monetary easing and fiscal stimulus...

[hfe_template id='11223'] [ad_1] Japanese technology investor SoftBank Group said on Wednesday it plans to buy back a hefty $3.4 billion in shares, answering in part calls from Elliott Management and other investors to bolster its stock price. Masayoshi Son's globe-spanning tech giant has been under pressure to buy back shares given that its market capitalisation trades at a large discount to the combined value of its assets. SoftBank said that over the next year it would buy back up to 6.8% of its own shares, worth as much as 500 billion yen. Elliott has pressured SoftBank for a $15 billion share buyback programme, according to a person familiar with the matter in June. The U.S activist investor rebuilt a stake worth more than $2 billion, the person added. SoftBank also posted a narrower quarterly net loss of 174.3 billion yen compared with a loss of 477.6 billion in the same period a year earlier. That was based on its reported net income attributable to sharehol...

[hfe_template id='11223'] [ad_1] The Nikkei share average plunged 2% on Friday, as tech stocks tracked a selloff in Wall Street peers and the threat of currency intervention spurred profit-taking into Japan's long weekend. The Nikkei was down 2% as of 0155 GMT, just over 30 minutes ahead of the midday recess. Chip-making equipment giant Tokyo Electron was the biggest points drag on the index, sliding 5.65%. Smaller peer Disco was the biggest decliner, down 7.25%. That followed a 3.47% slide for the Philadelphia SE Semiconductor Index overnight. Japan's broader, less tech-heavy Topix declined 0.93% on Friday. Despite the selloff, the Nikkei remains up about 1.15% this week, after surging to a record high of 42,426.77 on Thursday. "A natural retreat following that strong three-day rally is the biggest factor behind today's move, I think," Nomura Securities equities strategist Kazuo Kamitani said. The stronger yen due to an overnight surge that many ...