Nikkei marks highest close in over 3 decades

Jan 13, 2021 | News On Japan

Jan 13, 2021 (NHK) - Tokyo's benchmark stock index continues to be on a tear, hitting a 30 year-record high again on Wednesday. Semiconductor-related shares continued to climb as investors bet they'll be well-placed to weather the pandemic.

The Nikkei Average ended at 28,456, up a little more than 1 percent from Tuesday's close. That's the highest level since August 1990.

Chipmakers Advantest and Renesas Electronics each surged by around 5 percent.

Yaskawa Electric rose 4.4 percent. The company has revised upward its net profit forecast on healthy demand for chips and electronic components in China.

The Nikkei 225 extended its winning streak to 4 days, adding more than 5 percent.

Analysts say the market has been supported by solid demand for stocks despite global turmoil.

Typhoon No. 15 Disrupts Obon Travel

Typhoon No. 15 caused growing disruption to Japan's Obon holiday travel on August 11, with dozens of flights canceled and railway services suspended as the storm made landfall in southern Ibaraki Prefecture at around 8 p.m.

Typhoon No. 15 Makes Landfall in Ibaraki

Typhoon No. 15 (Chan-hom) made landfall in southern Ibaraki Prefecture at around 8 p.m. on August 11, marking the first typhoon landfall in the prefecture since official statistics began in 1951, as strong winds and heavy rain spread across eastern Japan.

H3 Rocket No. 9 Successfully Launches Japan GPS Satellite

Japan's H3 Rocket No. 9 successfully placed the Michibiki No. 7 navigation satellite into its planned orbit after lifting off from the Tanegashima Space Center in Kagoshima Prefecture at 4:23 a.m. on August 11, marking the country's second consecutive successful H3 launch.

Tokaido Shinkansen Runs First Overnight Service

The Tokaido Shinkansen operated its first overnight service ahead of the Obon holiday period, offering travelers a 15,000 yen trip from the Tokyo area to Kyoto and Shin-Osaka while allowing them to save on hotel costs and arrive earlier than the first regular morning trains.

Typhoon No. 15 to Disrupt Travel on August 11

Typhoon No. 15 is expected to approach and likely make landfall somewhere in the Kanto region on August 11, bringing strong winds and heavy rain that could disrupt conventional rail services, expressways and flights while also affecting a wider area extending into Tohoku.

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