Nikkei Slips 0.1%, Dragged by Energy, Videogame Stocks Japanese stocks are lower as uncertainty over the U.S. tariff impact on earnings continues. Energy and videogame stocks are leading the decline. Eneos Holdings is down 1.4% and Nintendo is 1.5% lower. USD/JPY is at 147.49, compared with 147.76 as of Tuesday's Tokyo stock market close. Investors are closely watching any developments on the war in Ukraine as well as on the potential leadership election for the ruling Liberal Democratic Party in Japan. The Nikkei Stock Average is down 0.1% at 42358.82. Source: Bloomberg
The Hang Seng Index opened 101 points higher, or 0.39%, at 25,626 points. The China Enterprises Index rose by 33 points, or 0.36%, to 9,181, while the Hang Seng Tech Index advanced 32 points, or 0.55%, to 5,814. Technology stocks demonstrated steady performance, with Tencent up 0.5%, Xiaomi Group rising 0.7%, and Kuaishou gaining 0.6%. Meanwhile, Alibaba, Meituan, and JD.com remained unchanged. Financial stocks showed mixed results. HSBC Holdings gained 0.7%, AIA Group rose 0.3%, but Ping An Insurance dropped 0.7%, and Hong Kong Exchanges and Clearing added 0.5%. Automotive stocks...
The Nikkei 225 Index rose 0.3% to close at 42,520 while the broader Topix Index slipped 0.07% to 3,070 on Wednesday, with Japanese shares showing mixed performances as investors awaited Nvidia's earnings report, expected to offer fresh insight into the durability of the artificial intelligence trade. Sentiment was also pressured by political uncertainty after US President Donald Trump's unprecedented removal of Federal Reserve Governor Lisa Cook, a move that heightened concerns about the US central bank's independence. Domestically, investors looked ahead to key economic data due later...