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Tempus AI
-- 56.180 The Nikkei average started 80 yen lower. The lifting of negative interest rates is expected in the first half of 24, with April being a likely confirmation of wage increases.
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Market Overview
In today's Tokyo stock market, the Nikkei average stock price started at 33,458.64 yen, down 80.98 yen from the previous trading day, and the Tokyo Stock Price Index (TOPIX) started at 2,362.14, up 0.12 points.
Market Overview
In today's Tokyo stock market, the Nikkei average stock price started at 33,458.64 yen, down 80.98 yen from the previous trading day, and the Tokyo Stock Price Index (TOPIX) started at 2,362.14, up 0.12 points.
Top News
To prevent the 'lost 35 years' in stock prices, win in management with continuous reform.
The Nikkei average stock price soared nearly 8,000 yen, ending 2023 in a 33-year high. However, can we be genuinely happy? There are three 'inconvenient truths' about the Japanese economy emerging in the global market right now. The first is that Japan is the only major country that cannot surpass its stock price peak of 34 years ago, highlighting its stagnation.
The negative interest rate is expected to be lifted in the first half of 2024, with confirmation of wage increases in April.
2024 seems to be a year in which the Bank of Japan decides to transition from an accommodative monetary policy. Market speculation is growing that Governor Katsunobu Ueda, who took office in spring 2023, will lift the negative interest rate policy in the first half of 2024.
Yen temporarily rose to the 140 yen level for the first time in 5 months on expectations of a US rate cut.
On the foreign exchange market on the 28th, the yen rose against the dollar, briefly hitting the 140 yen level later in the day. It marked the first time in 5 months for the yen to strengthen and the dollar to weaken. Speculation about an early interest rate cut by the Federal Reserve Board (FRB) intensified, leading to significant dollar selling across various currencies.
Shiseido Company,Limited Sponsored ADR - Little movement. Nikkei reports that Masahiko Uotani, Chairman and CEO of the company, stated in an interview with the newspaper that he plans to retire as CEO in the fiscal year ending December 2024.
$Shiseido (4911.JP)$Moving little. The Nikkei newspaper dated on the 29th reported that Masahiko Uotani, Chairman and CEO of Shiseido, said in response to their interview that he will retire as CEO by the end of December 2024, revealing his intention to step down from the top management.
To prevent the 'lost 35 years' in stock prices, win in management with continuous reform.
The Nikkei average stock price soared nearly 8,000 yen, ending 2023 in a 33-year high. However, can we be genuinely happy? There are three 'inconvenient truths' about the Japanese economy emerging in the global market right now. The first is that Japan is the only major country that cannot surpass its stock price peak of 34 years ago, highlighting its stagnation.
The negative interest rate is expected to be lifted in the first half of 2024, with confirmation of wage increases in April.
2024 seems to be a year in which the Bank of Japan decides to transition from an accommodative monetary policy. Market speculation is growing that Governor Katsunobu Ueda, who took office in spring 2023, will lift the negative interest rate policy in the first half of 2024.
Yen temporarily rose to the 140 yen level for the first time in 5 months on expectations of a US rate cut.
On the foreign exchange market on the 28th, the yen rose against the dollar, briefly hitting the 140 yen level later in the day. It marked the first time in 5 months for the yen to strengthen and the dollar to weaken. Speculation about an early interest rate cut by the Federal Reserve Board (FRB) intensified, leading to significant dollar selling across various currencies.
Shiseido Company,Limited Sponsored ADR - Little movement. Nikkei reports that Masahiko Uotani, Chairman and CEO of the company, stated in an interview with the newspaper that he plans to retire as CEO in the fiscal year ending December 2024.
$Shiseido (4911.JP)$Moving little. The Nikkei newspaper dated on the 29th reported that Masahiko Uotani, Chairman and CEO of Shiseido, said in response to their interview that he will retire as CEO by the end of December 2024, revealing his intention to step down from the top management.
Nomura plans to expand its stock-related business in Europe.
$Nomura Holdings (8604.JP)$Hitachi will expand its stock-related business globally. They plan to focus again on the European region, where significant downsizing took place around 2016, and provide services for investment funds.
Mizuho Bank, the first in Japan to provide financing for social issues and business succession.
$Mizuho Financial Group (8411.JP)$Banks executed social loans (social financing) with the aim of supporting business succession. When construction company Link Trust (Tokyo, Shibuya) conducts an MBO (Management Buyout) to take over a business, the bank lends to the company taking over the business.
Moomoo news on Japanese stocks from Evelyn
Source: Nikkei newspaper, Traders Web, Bloomberg.
$Nomura Holdings (8604.JP)$Hitachi will expand its stock-related business globally. They plan to focus again on the European region, where significant downsizing took place around 2016, and provide services for investment funds.
Mizuho Bank, the first in Japan to provide financing for social issues and business succession.
$Mizuho Financial Group (8411.JP)$Banks executed social loans (social financing) with the aim of supporting business succession. When construction company Link Trust (Tokyo, Shibuya) conducts an MBO (Management Buyout) to take over a business, the bank lends to the company taking over the business.
Moomoo news on Japanese stocks from Evelyn
Source: Nikkei newspaper, Traders Web, Bloomberg.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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