News On Japan

Nikkei Tops 50,000 for First Time

TOKYO - The Nikkei Stock Average surpassed the 50,000-yen mark for the first time ever as trading began on Monday in Tokyo, marking a historic milestone for Japan’s equity market. The breakthrough occurred just three minutes after the opening bell at 9 a.m., with traders at some securities firms preparing to celebrate with a traditional kagami-biraki sake ceremony.

The rally was driven by easing tensions in U.S.–China trade relations and sustained optimism over Prime Minister Takaichi’s policies a week into her administration. Buying focused on AI-related and semiconductor stocks, pushing the Nikkei up more than 1,100 yen at one point in broad-based gains across sectors.

By the end of the morning session, the benchmark index had risen 1,037 yen to close at 50,337 yen.

While the rapid pace of gains has buoyed investor sentiment, attention is now turning to key monetary policy meetings by the central banks of Japan and the United States later this week, which could determine whether the rally continues beyond this historic moment.

Source: TBS

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A tropical depression south of Japan is expected to develop into a typhoon on September 15 and could affect Okinawa during Silver Week, raising concerns over travel and tourism as Japan prepares for its first five-day Silver Week holiday in 11 years.

Climbers who get into trouble on Mount Fuji during the official closed season could be charged for rescue by disaster-prevention helicopters under new safety measures being considered by Yamanashi Prefecture.

Genta Koja, a former deputy mayor of Naha who accepts the relocation of the U.S. Marine Corps Air Station Futenma to Henoko in Nago, won the Okinawa gubernatorial election on September 13, defeating incumbent Governor Denny Tamaki and bringing an end to 12 years of prefectural administrations committed to blocking the project.

Roads around the Fushimi Otesuji Shopping Street in Kyoto's Fushimi Ward were flooded on the evening of September 13 after water began gushing from a nearby road, forcing authorities to close part of the street to traffic.

China will sharply raise visa fees for Japanese nationals entering the country from September 14, with the cost of a single-entry visa increasing to 16,750 yen, about 7.4 times the current level.

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