tagged w/ Nikkei
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Según los analistas de Research for Traders, el índice de referencia de la Bolsa de Tokio podría rebotar y alcanzar niveles de 11.000 puntos para fin de 2011.Según los analistas de Research for Traders, el índice de referencia de... more
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The Japanese yen has hit its highest level against the US dollar since the end of the Second World War.
link :http://www.bbc.co.uk/news/business-12768098The Japanese yen has hit its highest level against the US dollar since the end of the... more
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Según los analistas de Research for Traders, el índice de referencia de la Bolsa de Tokio podría continuar cayendo hasta alcanzar niveles cercanos a los 7.000 puntos.Según los analistas de Research for Traders, el índice de referencia de... more
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El PIB japonés experimentaría una recesión en el segundo trimestre y permanecería bajo durante el tercer trimestre del año, pero luego la reactivación económica será impulsada por sectores como la construcción y la inversión en equipamiento.El PIB japonés experimentaría una recesión en el segundo... more
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European stock markets fell modestly Wednesday after further dismal economic data and as Wall Street was heading towards a lower opening. Asian markets were higher after Wall Street's rebound the previous session.European stock markets fell modestly Wednesday after further dismal economic data and... more
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Japan -- the world's second-largest economy -- is in a recession, government officials announced Monday.
Japan's Cabinet Office confirmed that its economy fell another 0.1 percent in its third quarter, following a 0.3 percent drop in the second quarter.
The country's Gross Domestic Product -- second to the United States -- has fallen by 0.4 percent this year.
Major indexes around the globe have plummeted over the last two months. The Russian stock market has lost 65.5 percent of its value since the start of the year. Stocks in Japan and the United States have been equally hard hit, falling 42 percent and 33 percent, respectively.
In Europe, the pain has been particularly acute. The European Union on Friday officially declared that the 15-nation group had entered into a recession, with its gross domestic product declining 0.2 percent for the second straight quarter.
Japan's recession announcement was not unexpected. Part of the problem is the strong yen, which skyrocketed in recent weeks as turmoil in the world's financial markets and concerns about a global recession drove investors away from high-yielding currencies such as the euro and the pound.
As a result, lower-yielding currencies like the dollar and the yen surged in value because they are considered by many investors to be a safe-haven.
Since Japan is such a big exporter of goods, a more robust yen hurts profits for Japanese firms as sales from abroad get translated back into yen. The more that the yen has climbed, the worse Japan's stock market has performed, which has resulted in a ripple effect on European and U.S. exchanges.Japan -- the world's second-largest economy -- is in a recession, government... more
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Europe's stock markets opened lower Tuesday following losses in Asia amid mounting concerns about the world economy following downbeat corporate news in the U.S.Europe's stock markets opened lower Tuesday following losses in Asia amid... more
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Asian stock markets gained strongly Monday, with Shanghai's index spiking more than 7 percent, as investors welcomed China's $586 billion stimulus plan aimed at countering the effects of a global slowdown on its economy. European markets opened higher.Asian stock markets gained strongly Monday, with Shanghai's index spiking more... more
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World markets resumed their slide Monday, with Japan's Nikkei stock index falling to a 26-year low, as government rescue measures failed to ease fears of a prolonged global recession.World markets resumed their slide Monday, with Japan's Nikkei stock index falling... more
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Stock markets in Europe and Asia rose strongly for a second straight day Tuesday after Wall Street rallied from its worst week ever on optimism about government attempts to shore up the world's battered financial system.Stock markets in Europe and Asia rose strongly for a second straight day Tuesday after... more
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A massive sell-off on Wall Street and escalating fears of a global recession sent world stocks plunging Friday, with Japan's key index shedding nearly 10 percent to close out its worst week in history.A massive sell-off on Wall Street and escalating fears of a global recession sent... more
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Asian markets have opened heavily down after US stocks fell to their lowest level for five years.
Tokyo's Nikkei-225 index has dropped 11.3%, while South Korea, Australia and Singapore crashed 7% in early trading, in the wake of the Wall Street losses.
Despite concerted government action, investors are fearful the financial crisis will prompt a global recession.
Finance minister from the G7 leading industrial countries are set to meet in Washington to discuss the crisis.
US President George W Bush is due to make an address to the American people later in the day.
Talkis will also be held at the International Monetary Fund, whose chief Dominique Strauss-Khan said on Thursday the lending procedure would allow the IMF to react quickly to support countries facing funding problems.
Mr Strauss-Kahn said the world was "on the cusp of recession", but could still recover.
After a gloomy day's trading in Europe on Thursday, the Dow Jones - the US benchmark index - ended down 7.3% - tumbled below 9,000 points for the first time since August 2003.
"We're way beyond fundamentals. This is just pure panic, that's all it is," said Chris Orndorff, head of equity strategy at Payden & Rygel, in Los Angeles.
Iceland mission
The IMF scheme, which was used during the Asian financial crisis in 1997, would help speed up approval of loans.
The body has already sent a mission to Iceland, where the government has taken control of its three biggest banks.
There is no domestic solution to a crisis like this one
Dominique Strauss-Kahn, IMF managing director
Time to reform the IMF?
'Major global downturn' says IMF
Stocks falter as fears persist
Speaking ahead of meetings of the IMF and World Bank, Mr Strauss-Khan urged countries to act "quickly, forcefully, and cooperatively" to solve the global economic problems.
A day after seven central banks around the world cut interest rates in an effort to calm financial markets, the IMF chief said further co-ordinated action was necessary.
"All kinds of policy co-operation are to be commended," he said.
But he issued a stark warning against countries acting unilaterally to fight the crisis, referring to recent isolated moves by certain European Union member countries.
"There is no domestic solution to a crisis like this one."
Finance ministers from the G7 group of wealthy nations are to meet in Washington this weekend.
Asian markets have opened heavily down after US stocks fell to their lowest level for... more
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TOKYO (Reuters) - The Nikkei average plunged 9.4 percent on Wednesday, its biggest drop since the 1987 stock market crash, as growing fears of a global recession led investors to wipe $250 billion off the value of Tokyo shares.
Toyota Motor Corp (7203.T) tumbled more than 11 percent on growing expectations that the crisis would bite deeper into its profits, while the yen hit a six-month high against the dollar, adding to the pressure on exporter shares.
Panic over the fast-spreading financial crisis dragged down markets across Asia, with Japanese steelmakers such as Nippon Steel Corp (5401.T) sliding, as the Nikkei set another five-year closing low. It has lost 19 percent in the past five days.
"The deteriorating outlook for the economy and the deepening financial crisis are pushing fear to its limit," said Mitsushige Akino, chief fund manager at Ichiyoshi Investment Management.
"Investors want to dump shares as their willingness to take risks has shrunk, but no one wants to buy even if stocks are valued cheaply."
The yen climbed to a six-month high against the tumbling U.S. dollar, as investors stampeded away from stocks and risky positions.
The Nikkei posted its biggest one-day fall since a 14.9 percent drop on October 20, 1987, the day after Black Monday, and logged the third-largest one-day drop ever.
The Indonesia Stock Exchange halted trading on Wednesday after the benchmark composite index (.JKSE) dropped more than 10 percent, while Hong Kong's main stock market index (.HSI) dropped more than 5 percent.
The benchmark Nikkei (.N225) slid 952.58 points to 9,203.32, its lowest close since June 2003.TOKYO (Reuters) - The Nikkei average plunged 9.4 percent on Wednesday, its biggest... more
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Asian stock markets tumbled Tuesday as the collapse of Lehman Brothers and takeover of Merrill Lynch spurred fears of a global financial crisis. European markets, which fell sharply Monday, extended losses in early trading.Asian stock markets tumbled Tuesday as the collapse of Lehman Brothers and takeover of... more
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