(Update) Nikkei Erases Early Loss to End Higher on Remarks by BOJ Official
Tokyo, Aug. 7 (Jiji Press)--Japan's Nikkei 225 stock average wiped out its substantial early loss to end higher Wednesday, after the previous day's historic gain, thanks to buying spurred by remarks from a senior Bank of Japan official showing a cautious stance about a further interest rate hike.
The key index finished Wednesday's session at 35,089.62, up 414.16 points, or 1.19 pct, from Tuesday. The Nikkei average has been showing tumultuous moves this week, enjoying its biggest one-day point rise ever Tuesday after suffering a record drop just the day before.
The Nikkei plummeted more than 900 points in early Wednesday trading, on profit-taking after its gain of some 3,210 points Tuesday, which followed a loss of about 4,450 points Monday.
But the Tokyo stock market attracted buybacks later in the morning, after BOJ Deputy Governor Shinichi Uchida said in a speech on the day said that the central bank "will not raise its policy interest rate when financial and capital markets are unstable." The Nikkei briefly rose over 1,100 points in the morning.
Uchida's speech "was viewed as being considerate of financial markets and reassured investors," an official of a midsize securities firm said.
(2024/08/07-16:10)
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NATION
- 09/07 18:37 LDP Leadership Hopefuls Campaign across Japan
- 09/07 15:52 Victims Remembered 6 Years after Earthquake in Hokkaido
- 09/07 13:56 Ohtani Makes MLB History with 45 Homers, 45 Stolen Bases
- 09/07 13:32 Japanese Opposition CDP's Leadership Race Kicks Off
- 09/07 13:05 (Update 2) Japan's Kamiji Wins Gold in Paralympic Wheelchair Tennis
- 09/07 02:00 (Update) Japan's Kamiji Wins Gold in Paris Wheelchair Tennis Singles
- 09/07 01:38 Belarus Protests to Japan over Alleged Espionage
- 09/06 23:38 Japan's Kamiji Wins Gold in Paris Wheelchair Tennis Singles
- 09/06 22:13 Kishida Affirms Shuttle Diplomacy in Last S. Korea Trip as PM
- 09/06 21:17 4 Chinese Ships Enter Japanese Waters off Senkakus
- 09/06 21:09 Keidanren Seeks Fair Review of Nippon Steel's U.S. Steel Buyout
- 09/06 21:03 (Update) Hyogo Gov. Defends Decision against Whistleblower Protection
- 09/06 20:12 (Update) Ex-Univ. Student Gets 23 Yrs over Tokyo Robbery-Murder
- 09/06 19:35 Hyogo Gov. Defends Decision against Whistleblower Protection
- 09/06 18:42 Japan Coincident Economic Index Rises in July
- 09/06 18:01 Hyogo Governor Told Deputy to Identify Whistleblower
- 09/06 17:50 Ex-Univ. Student Gets 23 Yrs over Tokyo Robbery-Murder
- 09/06 17:09 (Update) In Bid for LDP Presidency, Koizumi Vows Early Lower House Election
- 09/06 16:58 Okinawa Governor Condemns Alleged Sexual Assault by U.S. Marine
- 09/06 16:28 Japan to Enhance Evacuation System for Kashiwazaki-Kariwa N-Plant
- 09/06 16:08 In Bid for LDP Presidency, Koizumi Vows Early Lower House Election
- 09/06 15:07 CDP Head Izumi Announces Bid for Re-Election
- 09/06 14:45 Japanese Research Vessel Mirai Enters Arctic Ocean
- 09/06 13:38 Japan Household Spending Up 0.1 Pct in July
- 09/06 13:33 Kishida Leaves for S. Korea for Talks with Yoon
- 09/06 10:06 Japan's Ground SDF Joins Amphibious Drill in Indonesia
- 09/06 08:45 (Update 2) Japan Wins Women's Wheelchair Tennis Doubles Gold at Paris
- 09/06 02:14 (Update) Japan Wins Women's Wheelchair Tennis Doubles Gold at Paris
- 09/06 01:24 Japan Govt Warns against Baseless Info about Prince Hisahito
- 09/06 00:49 Japanese Prince Hisahito Turns 18
- 09/05 23:38 Repair Work Begins for Hood Linked to Warlord Uesugi Kenshin
- 09/05 23:22 Yen Seen Weakening Regardless of U.S. Election Outcome
- 09/05 22:03 Japan Gives Seoul Info on 1945 Sunken Ship with Korean Passengers
- 09/05 21:46 Buyout Offer Too Low, Seven & i to Tell Canadian Firm
- 09/05 21:27 Nishimatsu Construction Ordered to Pay Wartime Labor Compensation
- 09/05 20:59 Ex-Japan PM Noda Vows Ban on Donations from Firms
- 09/05 18:25 Japan, Australia Agree to Boost Collective Deterrence
- 09/05 18:15 LDP Leader Hopeful Kono Urges Scrapping Yr-End Tax Adjustments
- 09/05 17:14 N-Debris Removal Trial Halt Due to Prep Failures: TEPCO
- 09/05 16:58 U.S. Marine Suspected of Sexual Assault in Okinawa
- 09/05 15:19 Kamikawa Calls for Stronger Japan-Australia Security Ties
- 09/05 12:59 Japan Real Wages Rise 0.4 Pct in July
- 09/05 12:30 (Update 2) Japanese Man Detained in Belarus
- 09/05 11:52 (Update) Japanese Intelligence Agent Detained in Belarus: State TV
- 09/05 11:30 (Update) Biden to Block Nippon Steel Acquisition of U.S. Steel: Reports
- 09/05 10:33 Japanese Intelligence Agent Detained in Belarus: State TV
- 09/05 08:42 2 Japanese Swimmers Win Paralympic Bronze Medals at Paris
- 09/05 08:22 Biden to Block Nippon Steel Acquisition of U.S. Steel: Reports
- 09/04 23:46 Japan, Australia to Cooperate in Missile Deployment
- 09/04 23:24 INTERVIEW: LDP Kono Willing to Ease Dismissal Regulations
- 09/04 23:06 LDP Motegi's Pledges Slammed as Rebuff of Kishida Policies
- 09/04 21:57 Ex-LDP Exec Shionoya Not to Run in Next Lower House Election
- 09/04 21:36 (Update) Motegi Declares LDP Leadership Bid, Vows "Zero" Tax Hikes
- 09/04 21:21 Rice Prices Seen Staying High in Japan Even as Supply Grows
- 09/04 20:39 Japan to Set Up New Body for Public Transport Access
- 09/04 20:33 Japan, S. Korea to Ink MOU on Evacuation Cooperation
- 09/04 19:44 (Update) Japan FY 2025 Budget Requests Total Record 117 T. Yen
- 09/04 19:06 Japan Average Pump Price Down for 1st Time in 2 Weeks
- 09/04 19:05 Revised Election Law to Seek Prevention for Inappropriate Posters
- 09/04 18:08 3 Who Chased Truck with Supercar Arrested for Alleged Fraud
- 09/04 18:05 Tokyo to Enforce Ordinance against Customer Abuse Next April
- 09/04 17:22 Motegi Throws Hat in Ring for LDP Leadership
- 09/04 17:03 Japan FY 2025 Budget Requests Total Record 117 T. Yen
- 09/04 10:30 Japan to Continue Production of MSDF US-2 Amphibious Plane
- 09/04 09:54 Japan Swimmer Suzuki Wins His 3rd Medal at Paris Paralympics
- 09/04 00:03 LDP Pres. Hopeful Hayashi Trusted but Lacks Communication Skills
- 09/03 22:31 Japan Rice Exports Hit Record High for Jan.-July
- 09/03 21:52 Japan CDP Bigwig Ozawa to Back Noda in Party Election
- 09/03 21:16 Japan Research Body AIST to Create Chipmaking R&D Base
- 09/03 20:46 (Update) Kishida Faction Draws Curtain on 67-Yr History
- 09/03 20:22 (Update) Japan's Hayashi Announces LDP Leadership Candidacy
- 09/03 19:41 Kishida to Visit S. Korea before 60th Diplomatic Anniversary
- 09/03 19:25 Think Tanks Predict Upward Revision of Japan April-June GDP
- 09/03 19:11 Japan, Norway Ink MOU on Defense Equipment Cooperation
- 09/03 19:09 Japan FY 2023 Medical Costs Hit Record High above 47 T. Yen
- 09/03 17:33 Japan's Hayashi Announces LDP Leadership Candidacy
- 09/03 17:09 Japan-Europe Mercury Probes' Arrival Postponed by 1 Year
- 09/03 15:32 Japan Declares Eradication of Mongoose on World Heritage Island
- 09/03 14:39 SDF Disaster Relief Troops Withdraw from Noto Peninsula
- 09/03 14:17 Japan to Use 989 B. Yen in Reserve Funds for Energy Subsidies
- 09/03 13:55 Kishida Faction Dissolves
- 09/03 12:59 Japan to Support Supply of Recycled Plastics for Vehicles
- 09/03 11:05 Tochigi Has Largest Gender Pay Gap in Japan
- 09/03 10:19 Harris Opposes Nippon Steel's Plan to Buy U.S. Steel
- 09/03 08:31 (Update) Japan Wins 1st Paralympic Rugby Gold
- 09/02 23:38 Japan Eyes Trial for Type 1 Diabetes Using iPS Cell Sheets
- 09/02 23:00 Japan Ambassador Meets with Indicted National in China
- 09/02 22:47 Japan's Satomi Wins 2nd Straight Paralympic Badminton Gold
- 09/02 22:27 Japan 2024 Summer Temperature Equals Record High
- 09/02 22:26 Japan Companies' Internal Reserves Top 600 T. Yen for 1st Time
- 09/02 21:56 Japan LDP Open to Concessions on Amending Article 9
- 09/02 20:57 Ex-Drugmaker Worker Pleads Not Guilty to Killing with Methanol
- 09/02 20:39 (Update) Man Killed by Falling Concrete in Tokyo
- 09/02 20:17 Japan to Support Efforts to Promote Urban-Rural Dual Living
- 09/02 20:10 Japan Govt to Promote "New Perception of Dementia"
- 09/02 19:32 Japan Working to Train Guides for Visually Impaired Runners
- 09/02 18:19 Japan Pulling Out All Stops to Boost SDF Hiring
- 09/02 14:51 Man Left Unconscious after Being Hit by Concrete Piece in Tokyo
- 09/02 13:33 Hayashi to Declare LDP Leadership Bid Tues.
- 09/02 09:51 Wheelchair Maker in Japan Empowering Paralympic Athletes
- 09/02 08:50 (Update) Japan Reaches Paralympic Rugby Final for 1st Time
- 09/01 23:58 Japan Reaches Paralympic Rugby Final for 1st Time
- 09/01 22:47 Final Preparation said Underway for Kishida's S. Korea Visit
- 09/01 22:00 Reinvestigation Report on Death of Bullied Hokkaido Girl Submitted
- 09/01 20:35 (Update) Tokaido Shinkansen Line Back to Service on All Sections
- 09/01 18:49 (Update 2) Typhoon Shanshan Turns into Tropical Cyclone
- 09/01 14:10 (Update) Typhoon Shanshan Turns into Tropical Cyclone
- 09/01 13:52 Apparent Suicide Jumper Falls onto Pedestrian in Yokohama
- 09/01 13:03 Dual Surname System Seen as Key Issue in LDP Race
- 09/01 12:26 Tokaido Shinkansen Services Partially Shut for Typhoon
- 09/01 11:57 Typhoon Shanshan Seen Turning into Tropical Cyclone by Sun. Night
- 09/01 10:07 20 Pct Take No Action over Nankai Trough Quake Warning
- 09/01 09:30 Japan Makes Supplement Health Damage Reports Mandatory
- 09/01 09:09 Reconstruction Demand Aiding Biz Recovery 8 Months after Noto Quake
- 09/01 09:02 Japanese Swimmer Kimura Earns Paris Paralympic Gold
- 09/01 01:27 SDF Ends Bathing Support in Noto Quake Area
- 09/01 00:36 People Flock to Ueno Zoo ahead of Pandas' Return to China
- 08/31 20:33 Japanese Anime Director Miyazaki Wins Ramon Magsaysay Award
- 08/31 20:08 (Update) Typhoon Shanshan Travels off Japan's Kii Peninsula Sat.
