Japanese Stocks Enter 'Year-End Rally' Phase

TOKYO, Dec 02 (News On Japan) - Japanese stocks have entered the so-called "year-end rally" phase, a period known for upward trends in stock prices. Last week, the Nikkei Stock Average showed resilient performance despite the yen appreciating gradually against the dollar, temporarily dipping below 38,000 yen but ending with stable movements.

According to Shingo Ide of the Nissei Basic Research Institute, "The 38,000-yen level is seen as a psychological benchmark. When the index falls below it, a sense of undervaluation emerges, making it easier for investors to buy."

This week marks the beginning of the year-end market phase, often associated with rising stock prices. However, Ide emphasizes the need for caution this year due to numerous uncertainties.

"There are critical factors to watch," Ide explained. "These include U.S. economic indicators or monetary policy, as well as statements from Trump or key figures around him. If the 103-million-yen threshold is significantly raised, it could boost domestic consumption expectations, leading to a stock price increase. On the other hand, this could also trigger speculation about a Bank of Japan rate hike, which might strengthen the yen and negatively impact stock prices."

Source: ANN

Tokyo Cedar Pollen Season Starts Record Early Since 1985

Cedar pollen dispersal in Tokyo began on January 8th, marking the earliest start since monitoring began in 1985, according to the Tokyo Metropolitan Government.

Japan Backs Study on Deep-Sea Oxygen Beyond Photosynthesis

The Japan Foundation has announced a joint research project with a UK research group to investigate the mysterious oxygen produced in the lightless depths of the ocean, known as 'dark oxygen,' which forms through methods other than photosynthesis.

Nintendo to Launch Switch 2 in 2025, Teaser Video Released

Nintendo announced on January 16th that it will release the successor to the Nintendo Switch, the Nintendo Switch 2, sometime in 2025.

Avalanche in Aomori: Foreign Skiers Involved, One Injured

An avalanche occurred near a ski resort in Ajigasawa, Aomori Prefecture, involving 13 people, mostly foreign tourists. All were safely evacuated, with one person sustaining minor injuries.

Japanese Lunar Lander Resilience Launched From Kennedy Space Center

A rocket carrying the lunar lander developed by Japanese space venture ispace was successfully launched from the Kennedy Space Center in the United States.

MEDIA CHANNELS

MORE Business NEWS

Japan's corporate bankruptcies hit 11-year high in 2024

Corporate bankruptcies in Japan rose for the third straight year in 2024. It is the highest number since 2013. Rising prices and labor shortages were to blame in many cases. (NHK)

Kobe Eyes Vacant Unit Tax to Curb Speculation in High-Rise Condos

Kobe is set to become the first city in Japan to consider imposing a tax on vacant units in high-rise condominiums. Mayor Hisamoto expressed strong support for the measure, stressing that the city will avoid repeating the situation seen in Tokyo’s Harumi Flag development.

Tokyo Marine to Raise Starting Salary for University Graduates to Up to 410,000 Yen

Japan’s largest non-life insurer, Tokio Marine & Nichido Fire Insurance, has decided to raise the starting salary for university graduates joining the company in April next year. The salary for general positions will increase from approximately 280,000 yen to a maximum of about 410,000 yen.

Nippon Steel’s US Steel Acquisition Deadline Extended Until June

The deadline for the U.S. presidential order, which demanded the termination of Nippon Steel’s planned acquisition of U.S. Steel within 30 days, has been extended.

Japanese Automakers Struggle in China

Japanese automakers reported last year’s new car sales in China, revealing a year-on-year decline across all three major manufacturers. In response, they are working to restructure operations and strengthen their market strategies.

Fast Retailing to Raise Starting Salary to 330,000 Yen

Fast Retailing, the operator of Uniqlo and other brands, has announced plans to raise its starting salary to 330,000 yen.

Post-Holiday Blues Drive Surge in Job Resignations

The nine-day New Year holiday, often hailed as a "miraculous break," has come to an end, and everyday life is gradually resuming. However, for some, this period marked a turning point—deciding to quit their jobs. One resignation service provider reported a record-high number of client requests.

Sony, Honda Reveal Advanced EV Model Ahead of U.S. Tech Expo

Ahead of the opening of CES, the world’s largest technology expo, Sony Group and Honda have unveiled their first mass-produced electric vehicle (EV) model under the ‘AFEELA’ brand.

< 2 3 4 5 >