Of a us recession continue to grip the stock markets. Investors seem worried the federal reserve has waited too long to lower the cost of borrowing. For more on what is going on in the japanese markets, lets bring in our reporter. Take us through what we are seeing in terms of numbers. It we are seeing in terms of numbere numbers. It is a crazy rollercoaster numbers. It is a crazy Rollercoaster Ride numbers. It is a crazy| Rollercoaster Ride day. Numbers. It is a crazy Rollercoaster Ride day. The next k up by more than 10 . This is the biggest Daily Rally on record injapan. Yesterday we were talking about the biggest points fall on record, even bigger on black monday, so definitely a much better day for investors injapan, a sigh of relief we can probably hear because the country now has many more retail investors than ever before because the japanese government has been encouraging people to invest in the stock market. The key aside from the weakjobs data from the united states last fr
Keep trust in the army and the armed forces. Iam keep trust in the army and the armed forces. I am taking all the responsibilities and vowing to protect peoples lives in properties. Should not lose hope. Sheikh hasina fled the country by helicopter On Monday after weeks of deadly protests and calls for her to quit. Once she did, celebrations broke out on the streets. Its thought shes now in india. Hours after her resignation, the president ordered the release of students detained during the protests and called for the release of ms hasinaS Political rival, former Prime Minister khaleda zia, whod been injail. Sheikh hasina had been in office for 15 years, part of a political dynasty in bangladesh, the daughter of the countrys first president , sheikh mujibur rahman, who was assassinated. She was re elected for a fourth term earlier this year in a vote considered a sham after the opposition boycotted the poll. As news of her departure filtered through, thousands of protesters stormed her
This time yesterday it was a Blood Bath Injapan with the Nikkei Closing down by over 12 Hong Kong up by half, the Yen Stabilising to an extent, versus the us dollar. This time yesterday in japan, versus the us dollar. This time yesterday injapan, it versus the us dollar. This time yesterday in japan, it was versus the us dollar. This time yesterday injapan, it was a bloodbath with the Nikkei Closing down by over 12 at The End of the day. Marking the biggest one day sell off since Black Monday in 1987. If we have a look at the next board, you can see how the carnage continued On Monday In Europe, but then in united states, look at those numbers there. Where Wall Street saw its benchmark S P 500 dropping 3 , its sharpest one Day Drop since september 2022. The tech dominated nasdaq also falling as you can see by 3. 5 . Mariko oi has the latest from our Asia Business Hub for us. Whats going on at the moment . As you said, sally, what a Roller Coaster Ride it has been for those japanese inv
Lets also see how things ended on Wall Street. The nikkei 200 2025 the nikkei 200 2025 two to five, rose by 10. 85 . The ftse is relatively calm compared to yesterdays results. And the yen has been rising against the dollar. Lets look at things on Wall Street as well. The nasdaq is down 3. 5 as well as the is 500 down 3 . You have a chat about what happens for the rest of the day. What a Roller Coaster Ride it has been for those japanese investors. If you look at the point is, then the nikkei 200 2025 almost recouped all the losses it suffered yesterday, ending the day at a 10 higher. Yesterday, it was the biggest point on record and today, we had the biggest Daily Rally in history to extreme volatility and definitely not for the faint hearted. There is a sigh of relief but it also confirms the view of analyst who was saying yesterday that fundamentals are strong. Dont sell in Panic Becausejapanese are strong. Dont sell in panic because japanese companies are doing well and the economy
Speak to an economist at i N G. Good morning. The economy cannot afford to keep its increasing its deficit. How much of an impact aS Political turmoil had on the countries finances . It turmoil had on the countries finances . Finances . It is difficult to assess because finances . It is difficult to assess because things i finances . It is difficult to l assess because things are ongoing and a lot of decisions have to be taken in the coming weeks, it will be crucial, but the state of the french economy, is already not that bright for the time being. The state of the french economy is also not that bright, the situation of the finances, it was a public deficit of more than five persons, that is the Starting Point of all the political story. Starting point of all the politicalstory. I Starting Point of all the political story. I think that is why the governor continued to say we need to tackle the problem of the public deficit, and it is not the time to spend more money, that is the key