Trump, TSMC Announce $100 Billion Investment in U.S.

WSJ15:56 ET

The policy risks associated with the Trump administration are increasing.

The Nikkei average significantly declined, closing at 37,331.18 yen, down 454.29 yen (estimated Volume 1.9 billion 60 million shares). President Trump announced the imposition of a 25% tariff on imports from Canada and Mexico starting from the 4th, and there were reports of comments that cautioned against a weaker yen, leading to a predominance of risk-averse Sell. The Nikkei average dropped to 36,816.16 yen during the mid-session. Subsequently, as overselling was noted, there were also movements for Buy.

Fisco Japan02:46 ET

Market Chatter: SoftBank Eyes $16 Billion Loan for AI Investments

MT Newswires00:42 ET

The Nikkei average is down by about 680 yen, with Advantest, Fast Retailing, and SoftBank Group having the largest negative contributions.

As of 12:47 PM on the 4th, the Nikkei Stock Average is around 37,100 yen, approximately 680 yen lower than the previous day. The market opened with buying dominance in the later session, but appears to be constrained by selling as investors wait for a rebound. The foreign exchange market shows a rate of 149 yen and 10 sen per dollar, with a slight inclination towards yen appreciation. The contribution of the stocks included in the Nikkei Index is negative, with Advantest <6857.T>, Fast Retailing <9983.T>, and SoftBank Group <9984.T> being the top contributors. On the positive side, Dai.

Kabushiki Shimbun22:53 ET

ADR trends on the 3rd = In yen conversion, Nidec Corporation Sponsored ADR, Advantest, Nissan, and others are down.

On the 3rd, the ADR (American Depositary Receipt) had a general decline compared to the Tokyo closing price on the same day when converted to yen. In yen terms, Nidec Corporation Sponsored ADR <6594.T>, Advantest <6857.T>, Nissan <7201.T>, Mitsubishi Corporation <8058.T>, and SoftBank Group <9984.T> were lower. Toyota <7203.T>, MUFG <8306.T>, Nomura <8604.T>, Hoya <7741.T>, and Fast Retailing <9983.T> also showed weakness. Provided by Wealth Advisors.

Kabushiki Shimbun17:39 ET

The British autonomous driving startup Wayve plans to establish a new testing and research center in Germany.

On Monday, the United Kingdom autonomous driving startup Wayve announced that it will establish a new testing and research center in Germany and deploy a fleet of testing vehicles in the Stuttgart area. The new center will focus on enhancing various functions such as lane change assistance. In August last year, the Online Car-hailing platform Uber Technologies made an undisclosed investment in Wayve. As early as May, SoftBank Group led a financing round of over 1 billion USD, with NVIDIA also participating. Founded in 2017, Wayve currently operates in the United Kingdom and the USA, and is expanding into the broader European market through Germany, the largest automotive market in Europe.

Global Market BroadcastMar 3 02:34 ET