In the afternoon session, the market is expected to be in positive territory due to Governor Ueda's remarks.

The Nikkei Average continued to rise, closing at 38,364.27 yen, up 153.26 yen (approximate volume of 1.3 billion 10 million shares). Although it started with a slight buying trend, Bank of Japan Governor Kazuo Ueda stated in the morning's Lower House Financial Affairs Committee that "if the certainty of achieving the price outlook increases, the degree of monetary easing will be adjusted." As a result, the yen strengthened, causing the yen/dollar exchange rate to rise from the 146 yen range in the morning to the mid-145 yen range. As a result, the Nikkei Average fell to 38,053.47 yen in the late morning session. On the other hand, in the afternoon session of the Upper House...

Fisco JapanAug 23 03:17 ET

Active and newly established stocks in the afternoon session.

*Nintendo Co Ltd＜7974＞ 8225 -51 Lear cautious in buying due to caution over yen volatility ahead of Powell's FRB speech. *Takeuchi Manufacturing＜6432＞ 4195 -105 Domestic securities lowered target stock price. *Basis＜4068＞ 1258 +97 Wireless area design accompanying service start for local 5G expansion. *T&S G＜4055＞ 1638 +139 Interest in related stocks such as trading partners and shareholders due to the news of Kioxia HD's listing application. *Hitachi Zosen＜7004＞ 9

Fisco JapanAug 23 02:45 ET

Sony Group Set To Launch Ethereum Layer-2 Blockchain 'Soneium' - Here's What You Should Know

BenzingaAug 23 02:42 ET

The Nikkei average continues to rise, with a sense of relief leading the way due to Governor Shida's remarks at the Bank of Japan.

On the 22nd, the US stock market fell. The Dow Jones Industrial Average closed at 40,712.78, down 177.71 points (-0.43%), the Nasdaq closed at 17,619.36, down 299.63 points (-1.67%), and the S&P 500 closed at 5,570.64, down 50.21 points (-0.89%). Weekly jobless claims did not surprise, and concerns about the rapid deterioration of the labor market subsided, leading to an increase after the opening. The number of existing home sales exceeded expectations, and with the rise in long-term interest rates, the focus shifted to high-tech.

Fisco JapanAug 23 02:30 ET

Unfazed by the possibility of a repeat of "Black Monday," the Governor of the Bank of Japan is resolutely hawkish, still planning to raise interest rates.

Although the Japanese stock market just experienced a "Black Monday" crash earlier this month, the Bank of Japan's determination to raise interest rates does not seem to be shaken. On Friday, Bank of Japan Governor Kuroda Haruhiko stated during a parliamentary questioning session that if Japan's inflation and economic data continue to meet the central bank's expectations, the Bank of Japan will continue to raise interest rates.

cls.cnAug 23 02:16 ET

Transition of the old and the new! Japan's last television LCD panel factory has ceased production, transitioning to the "largest AI datacenter in Asia".

Sharp and Japanese telecommunications giant KDDI plan to build the largest AI datacenter in Asia, which will be equipped with Nvidia GPU servers. This center will be established on the site of Sharp's old LCD panel factory for televisions, as the production bases of LCD panels for televisions in Japan are reduced to zero with the factory ceasing production.

wallstreetcnAug 23 02:14 ET