Nikkei chipmakers slip; defense stocks rebound; BOJ holds rates at 0.5% - Wed 19 Mar 2025

Nikkei 225 Summary
Nikkei chipmakers slip; defense stocks rebound - Wed 19 Mar 2025

Defense stocks lead gainers while chipmakers slips on impending US tariffs from April.

BOJ holds rate steady at 0.5% as governor Kazuo Ueda is uncertain on how much tariffs will actually be enforced on imports after April.

Meanwhile, Wall Street rises as Fed holds rates steady at 4.25% to 4.5% and still expects to cut rates by 0.5% in the second half of 2025, though US GDP growth projection for the year has been lowered to 1.7%.

Nikkei225  37,751.88 (-93.54 -0.25%) 154 up 67 down 4 flat

JGB 10YR   1.521% (+0.017)                

USD/JPY    149.28 (+0.02 +0.01%)


 

Comments

Post a Comment

Popular posts from this blog

Yang Mi's young daughter Xiao Nuomi with Hawick Lau cute as her mother; turns down 50 mil offer for appearance

Image
Chinese actress Yang Mi's has recently been spotted bringing her daughter Xiao Nuomi (11) with ex-husband Hawick Lau to her school in Hong Kong. The doting mother has exerted great efforts to protect her daughter from the paparazzi. There was ever a variety show who offered her 50 million yuan to have her daughter featured on the show but she turned it down to protect her daughter's privacy. Besides, Yang Mi is also not short of money from her years of success in showbiz.
Read more

Nikkei drops 0.50% on technical retracement; BOJ keeps rates unchanged - Thu 31 Oct 2024

Image
Nikkei225 Summary Thu 31 Oct 2024 - Japan’s Nikkei drops 0.50% due to a technical retracement after 3 days of gains. The BOJ has decided to keep interest rates unchanged at 0.25% in view of policy uncertainties under a new US president after 5 Nov. Nikkei225  39,081.25 (-196.14 -0.50%) 109 up 111 down 5 flat Topix  2,695.51 (-8.21 -0.30%) REIT    1,682.36 (-5.52 -0.33%) JGB 10YR  0.941% (-0.0114)             USD/JPY  151.99 (-1.44 -0.94%) Crude Oil  70.39 (+1.78 +2.59%)      Top Performers Mitsubishi Motors Corp.     ¥460.00 (+39.10 +9.29%) - automotive Tokyo Gas Co. Ltd.     ¥3,769.00 (+237.00 +6.71%) - utility DeNA Co. Ltd.     ¥1,886.00 (+117.50 +6.64%) - games & ecommerce Bottom Performers M3 Inc.     ¥1,585.50 (-248.00 -13.53%) - online medical services Kyocera Corp.   ...
Read more

MUFG becomes largest JP investor in Japanese AI Tech unicorn Sakana AI

Tokyo, Oct 2024 - Mitsubishi UFJ Financial Group, Inc. (“MUFG”) and its consolidated subsidiary, MUFG Bank, Ltd., along with MUFG Innovation Partners Co., Ltd., announced that they have entered into an investment agreement with Sakana AI K.K. (“Sakana AI”), an AI R&D company. As a result of this agreement, MUFG has become Sakana AI’s largest Japanese corporate investor, during this Series A funding round. Founded in July 2023, in about a year Sakana AI achieved unicorn status with a valuation exceeding one billion dollars. The company is led by David Ha, who has overseen complex systems and autonomous systems research as the head of Google Brain’s research team in Japan; Llion Jones, one of the authors of the seminal paper “Attention Is All You Need,” which catalyzed the development of the “Transformer” AI model, leading to the explosive proliferation of current generative AI; and Ren Ito, who has been involved in diplomacy and global business operations at Japan’s Ministry of Fore...
Read more