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Posted on 06/08/2024

Japan’s Nikkei Posts Biggest One-Day Fall Since 1987; Yen Rallies

Japan’s Nikkei Stock Average closed down 12.4% on Monday, a historic fall triggered by disappointing U.S. jobs data and a further rise in the yen. It was the biggest single-day percentage drop in the Nikkei since it fell 14.9% on Oct. 20, 1987 after the ...

Posted on 06/08/2024

Dow drops 864 points, and Japanese stocks suffer worst crash since 1987 amid US economy worries

The Dow Jones Industrial Average was reeling by 864 points, or 2.2 percent, as of 1:25 p.m. Eastern time, and the Nasdaq composite slid 2.8 percent.

Posted on 06/08/2024

Japanese Bank Stocks Suffer Worst One-Day Drop Ever

A punishing rotation out of Japan thrashed shares of the country’s banks Monday, sending the Topix Banks index tumbling 17%. The fall marked the largest one-day drop for the index ever, according to ...

Posted on 06/08/2024

Japanese stocks crash in biggest one-day drop since 1987 as global market rout intensifies

Japanese stocks on Monday suffered their biggest daily loss since 1987 as fears about a US economic slowdown sent shock waves through global markets. The Nikkei 225 index of leading stocks in Tokyo lost a staggering 4,451 points, its biggest drop in history.

Posted on 06/08/2024

Stock market live updates: U.S. stocks open lower amid economic uncertainty; Japan’s Nikkei index declines

U.S. stocks are set to open lower, adding to a recent dip that has signaled concerns about the national and global economic outlook.

Posted on 05/08/2024

Bitcoin Tumbles to $53K, Ether Turns Negative for 2024 as Panic Grips Markets

Bitcoin is lower by 12% over the past 24 hours and 20% on a week-over-week basis. Now down 21% over the past 24 hours and 30% over the past week, ether (ETH) has given up the entirety of its year-to-date gain,

Posted on 05/08/2024

SoftBank plunges 19%, its biggest drop since 1998 IPO; $2.6 bn wiped off Masayoshi Son’s fortune

A two-day wipeout in shares of SoftBank Group Corp. has cut $2.6 billion off the fortune of its founder Masayoshi Son, as the tech investor is buffeted by the Bank of Japan’s earlier-than-expected ...

Posted on 05/08/2024

SoftBank Stock Plunges in Worst Day Since Tech Investor’s IPO

Global tech investor SoftBank’s shares fell over 18% in Tokyo, its worst-ever daily decline, as the company was hit by the twin sell-offs of Japanese and tech stocks. Less than a month ago, the ...

Posted on 05/08/2024

Japan’s Nikkei index has its worst day in decades as world markets quake over risks to US economy

Japan’s benchmark stock index plunged 12.4% on Monday, compounding a global market rout set off by investor concerns that the the U.S. economy could be headed for recession. A report Friday showing ...

Posted on 05/08/2024

FTSE 100 tumbles as US recession fears spark global market selloff, as Japan’s Nikkei suffers worst losses since 1987 – business live

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

Posted on 05/08/2024

Japan’s Nikkei sees biggest rout since 1987 Black Monday

Japanese stocks collapsed on Monday in their biggest single day rout since the 1987 Black Monday sell-offs, driven by last week's plunge in global stock markets, economic concerns and worries investments funded by a cheap yen were being unwound.

Posted on 05/08/2024

Asian Stocks Routed And U.S. Futures Slump Amid Reignited Fears Of Economic Slowdown

The global stock market slump comes after last week’s worse-than-expected U.S. jobs report triggered renewed fears of a recession.

Posted on 05/08/2024

Japan’s topix, Nikkei stock gauges drop more than 20% from peaks

Japan’s equity benchmarks slid more than 20% from record highs reached last month as investor confidence crumbled from the surge in the yen, tighter monetary policy and the deteriorating economic outlook in the US. The Topix and Nikkei 225 Stock Average ...

Posted on 05/08/2024

Tokyo’s Nikkei dives 12.4 per cent, suffers record points loss

Tokyo stocks sank more than 12 per cent on Monday, battered by a resurgent yen and weak US jobs data that fuelled fears of a recession in the world’s top economy. The benchmark Nikkei 225 index ...

Posted on 05/08/2024

Bank of Japan made hawkish tilt, debated inflation risk in June, minutes show

By Leika Kihara TOKYO (Reuters) -At least two of the Bank of Japan's nine board members called for an early interest rate increase at a policy meeting in June, minutes showed on Monday, underlining the central bank's hawkish tilt that provides scope for further hikes ahead.

Posted on 05/08/2024

Japan Stocks Fall Sharply After Weak U.S. Jobs Data, Yen Strengthening

The Nikkei Stock Average was recently down 5.2% at 34043.44 on Monday morning, following Friday’s 5.8% loss.

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