FINWIRES · TerminalLIVE
FINWIRES

Nikkei 225

Nikkei 225
IndexIndex

421 stories mentioning Nikkei 225Updated just now

Japanese stocks opened little changed as investors stayed cautious ahead of the Bank of Japan's interest rate decision.

Asia

Japanese Equities Climb After US Benchmark Hit Record Highs

Japanese stocks rose in the early session on Friday, tracking US benchmarks that reached all-time highs, driven by a surge in artificial-intelligence-related news and stellar earnings.The Nikkei 225 rose 224.7 points or 0.4% to 62,878.71 at the open, following the S&P 500's record-breaking close above 7,500 points overnight.Elsewhere in Asia, market focus will shift to Taiwan following the conclusion of US President Donald Trump's visit to China, with the status of Taiwan becoming a central point of contention.On the geopolitical front, Trump has indicated that Beijing is open to backing negotiations with Iran, as he seeks a diplomatic solution to halt the ongoing conflict and reopen the Strait of Hormuz.

Nikkei 225
International

Beijing-Washington Summit, Earnings Roil Asian Stock Markets

Asian stock markets wobbled in mixed trading Thursday, as investors monitored the ongoing summit between US President Donald Trump and Chinese Leader Xi Jinping, and evaluated earnings results.Shanghai and Tokyo finished in the red, Hong Kong was flat, but other regional exchanges gained ground. Seoul's KOSPI rose 1.8% to strike a fresh record zenith.In Japan, the Nikkei 225 opened evenly near an all-time high but declined in trading, finishing off 1% as traders mulled comments by a Bank of Japan official that interest rates should be raised "at the earliest stage possible."The benchmark Nikkei 225 fell 618.06 to 62,654.05, as losing issues outnumbered gainers 133 to 91.Leading the upside was Tokai Carbon, up 18.5%, while Fukikura declined 19.1%, with both moves following earnings releases.In Hong Kong, the Hang Seng Index opened higher but lagged and closed essentially flat after China's Xi Jinping told President Donald Trump that "if mishandled, the two countries could collide" over the Taiwan issue.The broad gauge Hang Seng finished flat at 26,389.04, as losing issues outnumbered gainers 45 to 42. The Hang Seng TECH Index lost 0.4% on the day, while the Mainland Properties Index added 0.1%.Leading the upside was Li Auto, gaining 4.3%, while JD Logistics declined 5.7%.On the mainland, the Shanghai Composite fell 1.5% to 4,177.92.On the other regional exchanges, the Taiwan TWSE inclined 0.9%; the Australian ASX 200 inclined 0.1%; the Singapore Straits Times Index fell 0.2%, and the Thai Set inclined 1.4%. In late trading in Mumbai, the Sensex was up 1.1%The MSCI All Country Asia Pacific Index rose 0.2% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

Nikkei Slides Nearly 1% as Hawkish BOJ Rhetoric, Geopolitical Tensions Spook Investors

Japanese shares ended nearly 1% lower on Thursday after hawkish comments from a Bank of Japan board member strengthened expectations for additional interest-rate increases, with persistent inflation risks linked to the Iran conflict weighing on sentiment.The Nikkei 225 fell 0.98%, or 618.06 points, to close at 62,654.05.BOJ board member Kazuyuki Masu said rates should be raised "at the earliest stage possible" if data show no clear signs of an economic slowdown, comments that reinforced market expectations for a possible rate increase as early as June.Masu's remarks came after three other BOJ board members backed further tightening in April despite the central bank keeping rates unchanged, marking the biggest policy split under Governor Kazuo Ueda.The yen strengthened after Masu's speech and reports that Chinese President Xi Jinping told U.S. President Donald Trump that Taiwan remained the most sensitive issue in China-U.S. relations.On the corporate front, Eneos Holdings (TYO:5020) fell 4% after agreeing to acquire Chevron's downstream fuels and lubricants businesses across six Asia-Pacific markets for $2.17 billion.Yamabiko (TYO:6250) slipped 1% after saying it will liquidate its UAE subsidiary due to worsening instability in the Middle East.Meanwhile, Sony Financial Group (TYO:8729) dropped 5% after fiscal 2025 profit attributable to owners of the parent declined 30% and the company forecast a 16 billion yen attributable loss for fiscal 2026.

Nikkei 225TYO:5020TYO:6250TYO:8729
Asia

Market Chatter: BOJ Member Flags Early Rate Hike If Economy Holds

A Bank of Japan board member said rates should be raised at an early stage if the economy shows no clear signs of weakness, citing persistent inflation risks linked to the Iran conflict, reinforcing expectations for further tightening, Bloomberg reported Thursday."If statistical data do not indicate clear signs of an economic downturn, I believe it is desirable to raise the policy rate at the earliest stage possible," Kazuyuki Masu said at a business conference in Kagoshima, according to the report.The comments add to growing market expectations for a possible BOJ rate increase as early as June, following a divided April meeting in which some board members backed tightening, the report said.The yen strengthened after the remarks before trimming gains later in the session, as traders also tracked geopolitical developments including comments from Chinese President Xi Jinping on Taiwan during talks with U.S. President Donald Trump, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225
Asia

Market Chatter: Japan Sees Faster Pass-Through of Oil Costs Into Daily Essentials

Crude oil and petrochemical costs are flowing into Japan's consumer prices at an unusually fast pace, lifting costs across everyday goods, Nikkei reported Thursday.At a tofu shop near Tokyo's Sensoji Temple, prices for unpressed tofu rose to 250 yen from 220 yen after suppliers increased charges for plastic packaging, according to the report.The supplier had warned of at least 30% higher costs in early April following a jump in oil prices after conflict involving the U.S. and Iran escalated. Plastic trays used in packaging depend on propylene derived from naphtha, much of which Japan imports from the Middle East, where shipping disruptions have tightened supply, the report said.The impact of higher input costs has reached retail shelves in as little as two months in some cases, compared with a typical lag of about six months, according to the report.Some manufacturers are also adopting force majeure clauses as supply risks increase, particularly in industrial sectors, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225
Asia

Japanese Stocks Flat at Open Amid Wall Street Records, High-Stakes Geopolitics

Japanese equities remained largely flat in Thursday's opening session as a surge in U.S. technology shares propelled Wall Street to record highs.The Nikkei 225 edged marginally lower to start the day at 63,263.46.The upward momentum in U.S. equities helped mask persistent inflation anxieties that have led many investors to bet on U.S. Federal Reserve interest rate hikes in the coming year.While markets are caught in between strong earnings and rising price pressures, geopolitical focus turns to Beijing ahead of a crucial President Donald Trump and President Xi Jinping summit.Meanwhile, Kevin Warsh's narrow Senate confirmation as Fed Chair raises questions over the central bank's political independence.

Nikkei 225
International

Tech Optimism, Earnings Lift Asian Stock Markets

Asian stock markets largely gained ground on Wednesday, as earnings results and tech-sector optimism more than offset concerns regarding rising crude prices and Persian Gulf turmoil.Hong Kong, Shanghai and Tokyo finished in the green, as did most other regional exchanges.In Japan, the Nikkei 225 opened evenly and rose to the close, finishing up 0.8% as a strong earnings season continued to undergird share prices.The benchmark Nikkei 225 rose 529.54 to 63,272.11, striking a fresh all-time high, as gaining issues outnumbered losers 157 to 64.Leading the upside was medical-device outfit Olympus, up 19.8%, while construction enterprise Shimizu declined 9.7%, with both moves following earnings reports.In economic news, the seasonally adjusted Economy Watchers Survey current conditions index fell to 40.8 in April from 42.2 in March, the lowest reading since 2022.In Hong Kong, the Hang Seng Index opened evenly, waffled but finished up 0.2%The broad gauge Hang Seng rose 40.53 to 26,388.44 as losing issues outnumbered gainers 51 to 35. The Hang Seng TECH Index gained 0.5% on the day, while the Mainland Properties Index fell 0.3%.Leading the upside was JD.com, gaining 8.3%, while Geely Automobile declined 5.2%.On the mainland, the Shanghai Composite rose 0.7% to 4,242.57.On the other regional exchanges, the S. Korean KOSPI rose 2.6%, again hitting a new all-time high on AI-sector optimism.The Taiwan TWSE declined 1.3%; the Australian ASX 200 declined 0.5%; the Singapore Straits Times Index rose 1.2%, and the Thai Set inclined 2.3%. In late trading in Mumbai, the Sensex was steady.The MSCI All Country Asia Pacific Index rose 0.6% on the day.

Hang SengNikkei 225Shanghai Composite
Japan's Economy Watchers Survey Strikes Four-Year Low
US Markets

Japan's Economy Watchers Survey Strikes Four-Year Low

Pressured by the Middle East outlook and sluggishness in the services sector, Japan's Economy Watcher Survey index struck a four-year low in April, declining for a second-straight month, reported the Cabinet Office on Wednesday.The seasonally adjusted Economy Watcher Survey current conditions index fell to 40.8 in April from 42.2 in March, the lowest reading since the pandemic era.Readings above 50 on the index point to optimism, while below 50 in the monthly poll indicates pessimists outnumber optimists, according to the Cabinet Office."The view of the Economy Watchers indicated in this survey result is that 'the economy is showing weakness in the recent recovery movements, mainly due to the downward pressure on sentiment caused by the situation in the Middle East,'" said the Cabinet Office, in a prepared statement.The Japan Economy Watchers Survey measures the economic sentiment of workers in consumer-facing industries, such as taxi drivers, hotel staff, and restaurant employees.Employees in food and beverage industries were among the most pessimistic in April, logging a current conditions index of 34.6, down from 38.4 in March, according to official figures.Despite current qualms, the Economy Watchers forward-looking sentiment index judgment in April edged up to 39.4 from 38.7 ii March, though still in the pessimism zone, said the Cabinet Office.The April Economy Watchers survey results are roughly in line with other recent official reports on the Japanese economy.For example, in late April the Bank of Japan revised downwards its forecast for growth of the nation's gross domestic product (GDP) in fiscal 2026 (started April 1) to 0.5% from the previous 1%, citing Middle East pressures.The Economy Watchers survey contacts about 2,000 frontline service-sector employees each month, and is conducted from the 25th to the 30th of each month, according to the Cabinet Office.

Nikkei 225
Asia

Market Chatter: OECD Sees BOJ Policy Rate Reaching 2% by 2027

The Organisation for Economic Co-operation and Development (OECD) expects the Bank of Japan's policy rate to reach 2% by the end of 2027, a more hawkish outlook than forecasts from many economists and global institutions, Bloomberg reported Wednesday.In its economic survey released Wednesday, the OECD said Japan's current policy rate remains near the lower end of the neutral range, assuming inflation stays around the BOJ's 2% target. It said the central bank should continue raising rates gradually as domestic demand remains firm, according to the report.OECD Secretary-General Mathias Cormann said the pace of normalization could accelerate as Japan's economic equilibrium becomes clearer, while stressing the BOJ is not yet materially behind the curve on inflation, the report said.The 2% projection is above estimates from the International Monetary Fund and market economists, many of whom expect the tightening cycle to peak near 1.5%. OECD officials attributed the difference to a more optimistic view of Japan's growth potential, according to the report.The report also urged Japan to strengthen fiscal buffers through gradual consumption tax increases and called for broader labor participation, including from women, older workers and foreign employees, to address worsening labor shortages, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225
Asia

Japan Shares Rise on BOJ Rate Hike Expectations

Japanese shares ended higher on Wednesday after the OECD projected the Bank of Japan's (BOJ) policy rate could rise to 2% by the end of 2027, reinforcing expectations of a sustained monetary-tightening cycle.The Nikkei 225 rose 0.8%, or 529.54 points, to close at 63,272.11.The OECD said the Japanese central bank's policy rate remains near the low end of the economy's neutral range and urged gradual rate hikes as inflation stays around 2% and demand continues to outpace supply.OECD Secretary-General Mathias Cormann said the pace of policy normalization could accelerate as Japan's economic equilibrium becomes clearer, though he said the BOJ was not yet "behind the curve."The OECD projected the BOJ's policy rate could reach 2% by end-2027 as the central bank continues unwinding monetary easing toward a neutral rate estimated at 1.1% to 2.5%.In economic news, Japan's current account surplus widened 29.1% year over year to 4.682 trillion yen in March, driven by higher primary income and a wider goods surplus.Japan's bank lending growth accelerated to 5.4% year over year in April, led by solid loan expansion at major banks and continued strength at regional lenders.On the corporate front, Bandai Namco (TYO:7832) rose 5% after reporting stronger fiscal 2026 profit and sales growth, driven by robust demand for its Gundam franchise and Toys and Hobby business.Tsugami (TYO:6101) climbed 7% after its China segment profit jumped 39% year over year on stronger revenue growth. Meanwhile, GNI Group (TYO:2160) advanced 9% after its liver fibrosis drug F351 was accepted for regulatory review in China with priority review status.

Nikkei 225TYO:2160TYO:6101TYO:7832
International

Japan's Current Account Surplus Expands 29% in March

Japan reported a current account surplus of 4.682 trillion yen in March, up 29.1% from 3.625 trillion yen a year earlier, preliminary data released by the Ministry of Finance on Wednesday showed.That figure was higher than the consensus estimate for a surplus of 3.879 trillion yen and the 3.933 trillion yen surplus in February.Exports grew 11.7% year over year to 10.822 trillion yen from 9.691 trillion yen, and imports climbed 10% to 9.992 trillion yen from 9.079 trillion yen a year before, the report said.The goods account surplus widened 36% to 830.5 billion yen from 611.3 billion yen in the prior year, and the primary income surplus jumped 20.8% to 4.631 trillion yen from 3.833 trillion yen, the report said.

Nikkei 225
Japan March Current Account Surplus Widens 29% in March on Strong Overseas Investment
US Markets

Japan March Current Account Surplus Widens 29% in March on Strong Overseas Investment

Japan posted a current account surplus of 4.682 trillion yen in March, up 29% from 3.625 trillion yen a year earlier, as strong overseas investment income continued to offset a deficit in services trade, data from Japan's Ministry of Finance and the Bank of Japan showed on Wednesday.The goods and services balance recorded a surplus of 572.80 billion yen in March, up 0.2% from a surplus of 571.60 billion yen a year earlier. The goods account posted a 35.9% increase in surplus to 830.50 billion yen as exports rose 11.7% to 10.822 trillion yen from 9.691 trillion yen a year earlier, while imports increased 10% to 9.992 trillion yen from 9.079 trillion yen.The services balance remained in deficit at 257.80 billion yen, wider by 548% from the 39.80 billion yen deficit recorded a year earlier. Primary income, which reflects returns on overseas investments, rose to a surplus of 4.631 trillion yen in March from 3.833 trillion yen a year earlier. The increase was driven mainly by direct investment income and portfolio investment income.Secondary income posted a deficit of 522.00 billion yen, narrower than the 778.90 billion yen deficit recorded a year earlier. The capital account showed a deficit of 69.60 billion yen in March. The financial account recorded a balance of 4.308 trillion yen, while net errors and omissions stood at negative 304 billion yen.The data comes as private-sector members of Japan's key economic advisory panel urged the Bank of Japan to proceed cautiously with monetary policy normalization, warning that prolonged geopolitical tensions in the Middle East could strain funding conditions for smaller firms.The proposals, submitted to the Council on Economic and Fiscal Policy, called for close monitoring of inflation expectations and liquidity conditions even as the central bank signals the possibility of near-term rate hikes.The members noted that while no clear signs of funding stress have emerged among small and mid-sized firms, higher energy costs and supply disruptions could increase financing needs. Bank of Japan data showed commitment line contracts rose by 2.5 trillion yen in March, the largest monthly increase since the pandemic period, underscoring precautionary cash buildup among companies.The panel also stressed closer coordination between fiscal and monetary authorities and urged broader measures of fiscal assessment beyond the primary balance as Japan navigates inflation pressures, currency weakness and external risks.

Nikkei 225
International

Japan Bank Lending Growth Accelerates to 5.4% In April

Japan's bank lending growth accelerated in April, with total loans and discounts at major, regional and shinkin banks rising 5.4% year-over-year to 670.647 trillion yen, according to preliminary data released by the Bank of Japan on Wednesday.The pace of growth accelerated from the 4.8% expansion in March. Loans at major and regional banks alone rose 6% to 591.079 trillion yen.Major banks led the increase, with lending climbing 8% to 275.081 trillion yen, while regional banks posted 4.3% growth to 315.998 trillion yen. Foreign banks' yen-denominated lending rose 29% to 7.489 trillion yen.On the deposits side, deposits and certificates of deposit at city, regional and shinkin banks rose 1.9% year over year to 1,080.719 trillion yen in April.

Nikkei 225
Asia

Market Chatter: Japanese Investors Look Abroad as Weak Yen Pressure Persists

A weaker yen has done little to slow overseas investment by Japanese companies and households, as low domestic interest rates and limited growth prospects at home continue to push capital abroad, Nikkei reported Wednesday.Net foreign direct investment by Japanese companies reached 33 trillion yen in 2025, doubling over the past decade and surpassing the previous annual record as businesses expanded in faster-growing markets overseas, according to the report.Sumitomo Forestry (TYO:1911) in February agreed to acquire US homebuilder Tri Pointe Homes for $4.2 billion, with President Toshiro Mitsuyoshi citing growth opportunities in the US and Australia amid shrinking demand in Japan, the report said.Japanese manufacturers and industrial groups are also increasing overseas spending despite the weaker yen raising acquisition costs. JFE Holdings (TYO:5411) unit JFE Steel last year agreed to invest about 270 billion yen in a unit of India's JSW Steel (BOM:500228, NSE:JSWSTEEL), according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225BOM:500228NSE:JSWSTEELTYO:1911TYO:5411
Asia

Japanese Stocks Retreat as US Inflation Surges Amid Middle East Tensions

Japanese markets opened lower on Wednesday, mirroring a sell-off on Wall Street triggered by hotter-than-expected U.S. inflation data.The Nikkei 225 slipped 0.5% in early trading, shedding 344.6 points to start at 62,398.02 as economic pressure continues to mount amid climbing global oil prices due to the ongoing conflict in Iran.The U.S.' April inflation accelerated, driven primarily by the rising costs of fuel and food, with the headline CPI rising 3.8% year-over-year, marking its highest level since May 2023.Core CPI, which excludes volatile food and energy sectors, increased by 2.8%.Elsewhere, President Donald Trump indicated that his upcoming summit with Chinese President Xi Jinping will lean heavily toward trade negotiations.Despite the regional volatility, Trump suggested that the Iran-Israel conflict would take a backseat to economic discussions during the high-level meetings scheduled for this week.

Nikkei 225
International

Oil, Earnings, Trump-Xi Outlooks Roil Asian Stock Markets

Asian stock markets churned on Tuesday, as investors mulled the earnings season, rising crude prices, and the pending summit between US President Donald Trump and China leader Xi Jinping.Brent crude oil struck $107.67 a barrel, up 3.3% during Asian trading hours, as Persian Gulf turmoils continued to rattle oil markets.Tokyo finished in the green, while Hong Kong and Shanghai fell back. Other regional exchanges were similarly mixed.In Japan, the Nikkei 225 opened evenly, wobbled, but finished up 0.5% on strength in tech issues and a generally solid earnings season.The benchmark Nikkei 225 rose 324.69 to 62,742.57, as gaining issues outnumbered losers 124 to 99.Leading the upside was Furukawa Electric, gaining 16.1% after reporting earnings, while social-media platform LY Corporation declined 8.6%.In economic news, Japan's leading index of business conditions rose to 114.5 in March from 113.2 in February, striking the highest level since April 2022, reported the Cabinet Office.In Hong Kong, the Hang Seng Index opened steadily but declined to those close, finishing off 0.2% as investors awaited clarity ahead of the Trump-Xi meeting.The broad gauge Hang Seng fell 58.93 to 26,347.91 as losing issues outnumbered gainers 48 to 40. The Hang Seng TECH Index lost 0.7% on the day, while the Mainland Properties Index fell 0.5%.Leading the upside was Xinyi Glass, gaining 4.5%, while computer-maker Lenovo declined 3.4%.On the mainland, the Shanghai Composite fell 0.3% to 4,214.49.On the other regional exchanges, the South Korean KOSPI fell 2.3%; the Taiwan TWSE inclined 0.3%; the Australian ASX 200 declined 0.4%; the Singapore Straits Times Index rose 0.1%, and the Thai Set declined 0.4%. In late trading in Mumbai, the Sensex was down 1.9%.The MSCI All Country Asia Pacific Index fell 0.7% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

Speculative-Grade Corporate Defaults Could Worsen Amid Middle East Impact, S&P Says

Speculative-grade corporate defaults in Asia-Pacific could rise over the next year amid the impact of the Middle Eastern conflict, S&P Global Ratings said in a recent release.The region's trailing 12-month speculative-grade corporate default rate could soar to 2.25% by March next year from 0.7% in December 2025.The rise in defaults will keep energy prices above pre-war figures for a significant period, S&P analyst Nick Kraemer said.S&P's forecast for the default rate ranges from zero under its optimistic scenario to 5% under a pessimistic case.The optimistic scenario considers S&P's base case for the conflict and little to zero direct impact from the stoppage of energy and materials flows.Meanwhile, the pessimistic scenario entails lingering disruption to energy and shipping flows and stronger credit stress, S&P said.

ASX 200Hang SengNikkei 225Shanghai Composite^SZSE
Japan's Leading Index of Business Conditions Gains in March
US Markets

Japan's Leading Index of Business Conditions Gains in March

Despite higher oil bills and Persian Gulf strife, Japan's leading index of business conditions rose to 114.5 in March from 113.2 in February, striking the highest level since April 2022, reported the Cabinet Office on Tuesday.The leading index attempts to gauge the business outlook for several months ahead, using indicators such as job offers, consumer sentiment, commodity prices, equities prices, small business sentiment, and machinery orders, among other signals.In recent months, Japan's economy has been showing modest growth, according to the Bank of Japan and other observers.For example, Japan's composite purchasing managers index (PMI) output index, a combination of the nation's manufacturing and services sectors, logged 52.2 in April, down from 53.0 in March, but still striking above the 50 mark that separates growth from contraction, reported S&P Global.Japan's gross domestic product (GDP) is expected to expand by a moderate 0.5% in fiscal 2026 started April 1, the Bank of Japan forecast late last month.Separately, Japan's coincident index of business conditions for March rose to 116.5, inching up from 116.2 in February, added the Cabinet Office.

Nikkei 225
Persian Gulf Induces Pause: Bank of Japan Meeting Minutes
US Markets

Persian Gulf Induces Pause: Bank of Japan Meeting Minutes

The Persian Gulf turmoils, including the closed Strait of Hormuz, in part induced Bank of Japan central bankers to a stand-pat decision at their April 27-28 policy session, according to meeting minutes released Tuesday.At the meeting, the Bank of Japan's monetary policy board voted 6-3 to keep its short-term policy rate at 0.75%, leaving borrowing costs at their highest level since September 1995, but also unchanged since late 2025."It is difficult to foresee the impact of the situation in the Middle East, and the Bank needs to adopt a wait-and-see approach at this meeting," said one banker in the meeting.In an accompanying economic forecast, the Bank of Japan boosted its fiscal 2026 (started April 1) core inflation estimate to 2.8% from 1.9%, citing likely higher crude oil prices.At the same time, central bankers trimmed the fiscal 2026 gross domestic product (GDP) growth outlook to 0.5% from 1.0%, as higher prices cooled real consumption and investment.Despite challenging energy and trade environment, the Bank of Japan expected the nation's overall economy to expand moderately, underpinned by government fiscal expansion, relatively low interest rates, higher wages, and resilient corporate profits."With high levels of profits having been accumulated in the corporate sector and expectations for wage hikes as a result of the annual spring labor-management wage negotiations, Japan's economy appears to be reasonably resilient to downward pressure," said bankers.Notwithstanding higher oil prices, the outlook for inflation risks and scenarios remained somewhat mixed, according to meeting minutes.Japan will still likely post inflation on its consumer price index-core (CPI-core), a metric that strips out fresh food bills, at near 2% on year in fiscal 2026, according to the bankers.However, if "the situation (of a closed Strait of Hormuz) becomes prolonged, risks to underlying inflation will be skewed to the upside, but if it is accompanied by significant disruptions in supply chains, downward pressure is likely to be greater than upward pressure," concluded participants at the policy session.The Bank of Japan's next policy session is slated for June 15-16.

Nikkei 225
Asia

EU Clears Foxconn-Mitsubishi Fuso Bus Joint Venture Deal

The European Commission has approved the formation of a joint venture between Hon Hai Precision Industry, commonly known as Foxconn (TPE:2317), and Japan's Mitsubishi Fuso Truck and Bus, which is controlled by Daimler Truck, to develop and manufacture commercial buses.The venture will focus on the production and supply of heavy and light buses, according to a regulatory update on Monday.The regulator said the deal does not raise competition concerns due to its limited impact within the European Economic Area. The review was conducted under a simplified merger procedure.

Nikkei 225TPE:2317

Showing 221-240 of 421