(Photo by James Matsumoto/SOPA Images/LightRocket
Tokyo s benchmark Nikkei index closed down nearly two percent Tuesday, weighed down by falls on Wall Street.
The Nikkei 225 index fell 1.97%, or 584.99 points, to 29 100.38, while the broader Topix index slipped 1.55%
Osaka region is expected to officially request a state of emergency later today. The new measures could involve tougher restrictions.
Tokyo s benchmark Nikkei index closed down nearly two percent Tuesday, weighed down by falls on Wall Street and concerns about rising virus cases in Japan.
The Nikkei 225 index fell 1.97%, or 584.99 points, to 29 100.38, while the broader Topix index slipped 1.55%, or 30.31 points, to 1 926.25.
The key index opened lower on profit-taking following a three-day winning streak, with investors disheartened by falls in US shares, brokers said.
Tokyo s Nikkei closes down nearly 2%
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By Syndicated Content
By Hideyuki Sano
TOKYO (Reuters) - Japanese firms with strong Chinese ties are seeing their shares fall ahead of a meeting of Prime Minister Yoshihide Suga and U.S. President Joe Biden, as investors fear pressure to align Japan more closely with Washington s tough stance on Beijing.
Shippers, retailers and manufacturers of various machines and components with significant dependence on Chinese demand could bear the brunt of further diplomatic tension in the form of trade restrictions or popular boycotts, analysts said.
Suga on Friday will be the first foreign leader to visit the White House since Biden took office in January, widely seen as an indication by both countries as a desire to revitalise their alliance to counter China s growing clout.
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TOKYO (Reuters) -Japanese firms with strong Chinese ties are seeing their shares fall ahead of a meeting of Prime Minister Yoshihide Suga and U.S. President Joe Biden, as investors fear pressure to align Japan more closely with Washington’s tough stance on Beijing.
FILE PHOTO: Japanese Prime Minister Yoshihide Suga announces that Tokyo, Kyoto and Okinawa will have pre-emergency status under a new prevention law during a government task force meeting at the prime minister s office, Tokyo, Japan, April 9, 2021. Eugene Hoshiko/Pool via Reuters
Shippers, retailers and manufacturers of various machines and components with significant dependence on Chinese demand could bear the brunt of further diplomatic tension in the form of trade restrictions or popular boycotts, analysts said.
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(Photo by James Matsumoto/SOPA Images/LightRocket
Tokyo stocks erased early gains and closed lower on Monday in sluggish trade.
The benchmark Nikkei 225 index fell 0.77% to 29 538.73 while the broader Topix index lost 0.25% to 1 954.59.
Tokyo shares had opened higher as investors took heart from Wall Street rallies propelled by optimistic growth expectations.
Tokyo stocks erased early gains and closed lower on Monday in sluggish trade, with investors cautious ahead of Japan s corporate results season.
The benchmark Nikkei 225 index fell 0.77%, or 229.33 points, to 29 538.73 while the broader Topix index lost 0.25%, or 4.88 points, to 1 954.59.
Tokyo shares had opened higher as investors took heart from Wall Street rallies propelled by optimistic growth expectations as more people receive Covid-19 vaccines.
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