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Nikkei Tumbles as New PM Raises Concerns About Higher Taxes, Stronger Yen

The Nikkei Stock Average saw its largest tumble in eight weeks on fears of higher taxes under Japan’s incoming Prime Minister Shigeru Ishiba as well as on a stronger Japanese yen.

毎日新聞 · 5h

Nikkei stock index plunges nearly 5% on stronger yen

The Nikkei stock index plunged nearly 5 percent Monday, as exporters were sold on a stronger yen since Shigeru Ishiba won the ruling

Kyodo News on MSN · 8h

Nikkei down over 4% on stronger yen after Ishiba wins LDP election

The Nikkei stock index sank over 4 percent on Monday morning, with exporters sold due to a stronger yen after Shigeru Ishiba won the ruling Liberal Democratic Party's leadership contest late last week.

Japan, New Prime Minister

Wall Street Journal · 3h

Japanese Stocks Slide on Fears New Prime Minister Will Be Less Market-Friendly

Shares in Tokyo fell sharply Monday, on concerns that Japan's next prime minister could adopt policies that wouldn't be very friendly to the economy and markets. The benchmark Nikkei Stock Average fell 4.

Invezz on MSN · 4h

How Shigeru Ishiba’s election win is affecting Japan’s stock market and export sector

Japan’s Nikkei 225 fell by over 4% as mixed economic data and the election of Prime Minister Shigeru Ishiba shook investor confidence. With retail sales rising but industrial production plunging, the Japanese market faces increasing pressure from China’s surging economy.

The New York Times · 9h

Stocks Tumble in Japan After Party’s Election of New Prime Minister

Stocks dropped after Japan’s governing party chose Shigeru Ishiba, a critic of the country’s longstanding ultralow interest rates, as its leader.

Nikkei’s Message to Japan’s New Leader: Higher Taxes Are Bad for Stocks

The Nikkei Stock Average saw its largest tumble in eight weeks on fears of higher taxes under Japan’s incoming Prime Minister ...

Nikkei Falls 4.8% on Worries Over New Japan PM's Policies

The Nikkei Stock Average closed sharply lower on worries over policies under Japan's incoming Prime Minister Shigeru Ishiba including the possibility of higher taxes. The Nikkei closed 4.8% lower at ...

Japan’s Nikkei skids after Shigeru Ishiba’s win; China stocks surge

Asia share markets were mostly firmer on Monday as China announced more stimulus measures, though the Nikkei dived on ...

12h

Japan's Nikkei set to plunge 6% with Asia markets on course for mixed open ahead of China data

Japan's Nikkei was set to over plunge 6% Monday while broader Asia markets were on course for a mixed open ahead of key ...

Japan's Nikkei Dives 5% In Afternoon Trade

Japan's key stock index plunged five percent Monday on a strong yen after former defence minister Shigeru Ishiba was elected head of the ruling Liberal Democratic Party.

4hon MSN

Japan's Nikkei Plummets Over 2,000 Points Amid Change Of Guard, While Chinese Market Extends Stimulus-Driven Run: What's Driving Sentiment In Asia

The major Asian markets diverged on Monday as country-specific catalysts drove the averages to either side of the unchanged ...

Morning Bid: Nikkei Retreats, China Rallies

There's so much news it's hard to know where to start, what with strife in the Middle East and more stimulus measures out of ...

10h

Israel-Hezbollah war impacts global stock markets: Asia shares dragged by Nikkei, China keeps rallying

The Shanghai Composite rose 4.4%. Geopolitical uncertainties and upcoming U.S. economic data could influence market direction ...

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