Tokyo stocks plunged on July 17 as a global selloff in semiconductor and artificial intelligence-related shares pushed the Nikkei 225 into correction territory, while Middle East tensions, higher oil prices and persistent yen weakness added to pressure on investors.
Nissan Motor unveiled a fully redesigned Elgrand minivan on July 17, marking the model's first complete overhaul in 16 years, while introducing a new brand message as the automaker seeks to rebuild its business and revive sales.
Seven & i Holdings is considering investing several hundred billion yen in Zabka Group, Poland's largest convenience store operator, as the Japanese retailer seeks to expand its presence in Europe.
Japanese manufacturers including Fanuc, Yaskawa Electric, Fujitsu, Hitachi, Kawasaki Heavy Industries and Komatsu announced new artificial intelligence initiatives on July 16 as Nvidia expanded its partnerships with Japan's robotics and industrial sectors.
Tokyo stocks fell sharply on July 16 as renewed selling in South Korean semiconductor shares spread to Japan’s AI and chip-related names, while household inflation expectations hit a record high and kept pressure on the Bank of Japan to maintain a tightening bias.
Many beginner forex traders often frown upon the Tokyo trading session because of its low trading volume and liquidity levels. However, it can be a gold mine if you know which currencies to trade.