Japanese stocks ended in the red on Thursday after U.S. President Donald Trump announced larger-than-expected tariffs, disrupting trade and supply chains.
The Nikkei 225 fell 2.78%, or 992.53 points, to close at 34,733.34.
The U.S. imposed 24% tariffs on Japanese imports as President Donald Trump unveiled a sweeping trade policy, setting a base rate of 10% and hitting key Asian partners with higher tariffs.
China faces 34%, Vietnam 46% and South Korea 25%, while the EU gets 20% duties.
Trump also closed a loophole that allowed low-value Chinese goods to pass through without being taxed, a blow to its e-commerce giant. Trading partners are expected to retaliate, raising the risk of price spikes and supply chain disruption.
In economic news, Japan's services sector stalled in March as Bank au Jibun's PMI fell to 50.0 from 53.7.
Rising costs and weak demand slowed new orders, while confidence hit a four-year low. The composite PMI fell to 48.9, the sharpest contraction since November 2022.
On the corporate side, Ichiyoshi Securities (TYO:8624) booked a 912 million yen dividend from its Ichiyoshi Asset Management unit as non-operating income for the year ended March 31.
Futaba (TYO:6986) will sell its U.S. unit's Alabama plant for $3.9 million, expecting a 490 million yen gain. The deal closed on May 15, according to a filing.
D. Western Therapeutics (TYO:4576) said the U.S. FDA approved its lidocaine patch application, with an action date of Sept. 24. The company is developing the drug with MEDRx (TYO:4586).
Source: Bloomberg
Japanese stocks rose in early trading after the yen weakened sharply following the Bank of Japan (BoJ) interest rate hike on Friday, in line with market expectations. The index's rise was largely dri...
The Nikkei 225 index closed higher on Friday, December 19, 2025, rising by around 1.16% to 49,568. This gain attracted attention because it occurred amidst news of a Bank of Japan (BOJ) interest rate ...
Japan's Nikkei stock index rose 0.9% to 49,443.48 in the latest trading session, following a positive rally on Wall Street overnight. The rise was fueled by lower-than-expected US inflation data, rais...
The Nikkei 225 closed down 1.03% to 49,001.5 on Thursday (December 18, 2025), marking its lowest close in about three weeks. The broader Topix index also weakened 0.37% to 3,356.89. The main pressure...
Japanese stocks fell sharply in today's trading, with the Nikkei index falling 1.7% to 48,669.70. This decline followed Wall Street's overnight plunge, as global market sentiment was dominated by inve...
Hong Kong stocks rallied in Monday morning trading. The Hang Seng rose 71 points, or 0.3%, to 25,762, its highest level in more than a week and its fourth consecutive session of gains. This strengthening followed positive sentiment on Wall Street....
Hong Kong stocks rallied in Monday morning trading. The Hang Seng rose 71 points, or 0.3%, to 25,762, its highest level in more than a week and its fourth consecutive session of gains. This strengthening followed positive sentiment on Wall Street....
Gold strengthened on Monday, December 22, 2025, during the Asian session, rising about 1% to $4,384 per ounce, setting an all-time high. This increase was driven by increased interest in safe-haven assets amid rising geopolitical tensions, as well...
The Bank of Japan (BOJ) officially raised interest rates on Friday to their highest level in three decades. This move is a key part of the BOJ's...
European stocks opened mixed on Friday (December 19th), as investors digested a number of interest rate decisions and awaited crucial budget talks...
European equities closed higher on Friday, with the STOXX 50 up 0.6% and the STOXX 600 rising 0.4% to a fresh record, boosted by expectations of...
US stocks closed sharply higher on a triple-witching Friday, with the S&P 500 rising 0,9%, the Nasdaq 100 gaining 1.4%, and the Dow Jones adding...