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. 24 Expected to Approach Japan Later This Week

A tropical depression south of Japan is expected to develop into Typhoon No. 24 by September 1 and could approach the Japanese archipelago later in the week, raising the risk of renewed warning-level rainfall and widespread flooding in Hokuriku and heavy rain in the Kanto and Tokai regions.

Japan Cuts Speed Limit on Residential Roads to 30 km/h

Japan will lower the statutory speed limit on certain residential roads from 60 kilometers per hour to 30 km/h from September 1, with police in Hyogo Prefecture urging drivers to familiarize themselves with the new rules and drive more carefully in neighborhood areas.

New Ferry to Link Kyoto and Hokkaido in About 21 Hours

A new large ferry linking Maizuru in Kyoto Prefecture with Otaru in Hokkaido has been unveiled ahead of its first voyage on September 1, offering spacious passenger facilities and a journey time of about 21 hours.

Heatstroke Alert Issued Day After Record Rain Hits Fukui

Residents in Fukui Prefecture began clearing flood-damaged homes early on August 31 as temperatures climbed sharply following record rainfall, prompting authorities to issue a heatstroke alert while recovery work continued in severe heat.

Drones Deliver Supplies to Residents Cut Off by Landslide

Drones were used to deliver food and daily necessities to an isolated mountain community in Himi City, Toyama Prefecture, on August 30 after torrential rain triggered a landslide that cut off road access, while volunteers continued flood recovery work in neighboring Ishikawa Prefecture.

MEDIA CHANNELS

MORE Society NEWS

Fire Breaks Out Near Ise Jingu

A fire broke out at a shopping arcade near Ise Jingu in Ise, Mie Prefecture, on the afternoon of August 31, sending red flames and thick black smoke into the air as firefighters continued battling the blaze with no immediate prospect of bringing it under control.

One in Three Unmarried Young People Plan to Stay Single

About one in three unmarried young people in Japan say they have no intention of marrying, according to the first large-scale survey of young people conducted by the Children and Families Agency, with financial insecurity emerging as the biggest perceived obstacle to marriage.

Eleven Passengers Trapped in Legoland

Eleven passengers were rescued from an attraction at Legoland Japan in Nagoya on August 30 after a door failed to open, leaving them trapped for about 30 minutes, with no injuries or reports of illness.

Smoke at Tokyo Disneyland Restaurant Sparks Evacuation

Guests were evacuated from a restaurant at Tokyo Disneyland on August 30 after smoke emerged from a customer's bag, with police investigating a mobile battery inside the bag as the suspected source.

Three Students Swept Out to Sea in Kagoshima

Three teenage boys who went missing after being swept offshore from the coast of Ichikikushikino, Kagoshima Prefecture, on August 28 were found in the sea near the scene on August 29 and confirmed dead.

Foreign Cyclist Suffers Broken Shoulder in Shiga Hit-and-Run

A foreign man in his 30s suffered serious injuries after being struck by a car while riding a bicycle in Higashiomi, Shiga Prefecture, early on August 29, with police investigating the incident as a hit-and-run.

Bread Dumping Mystery Takes a Twist

A fake video apparently created with generative AI showing a large bear eating piles of sliced bread has spread on social media following a series of illegal bread dumping incidents in Tottori Prefecture, prompting the prefectural government to warn that misinformation could cause economic harm.

Teens Arrested for Spraying Fire Extinguishers at Police Station

Three youths, including a high school student and a junior high school student, have been arrested on suspicion of obstructing police duties after allegedly stealing fire extinguishers and spraying them toward a police station in Kasugai, Aichi Prefecture.

< 2 3 4 5 >