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Japan Inc.’s solid third-quarter corporate earnings have prompted Bank of America equity strategists to upgrade their 2024 year-end forecasts for the Nikkei 225 to 41,000 from 38,500.
It is owned primarily by CNBC Asia and Japanese media group Nikkei, Inc. and its subsidiary, TV Tokyo Holdings Corporation. The channel is a result of the merger of the former Nikkei Satellite News (launched 1990) and Asia Business News (launched 1997, renamed CNBC Business News in 1998) by an agreement with CNBC Asia and Nihon Keizai Shimbun.
Nikkei 225 Index. The Nikkei 225, or the Nikkei Stock Average (Japanese: 日経平均株価, Hepburn: Nikkei heikin kabuka), more commonly called the Nikkei or the Nikkei index [1] [2] (/ ˈ n ɪ k eɪ, ˈ n iː-, n ɪ ˈ k eɪ /), is a stock market index for the Tokyo Stock Exchange (TSE).
The drops were just the latest in a global sell-off that began last week. Japan’s Nikkei 225 helped start Monday by plunging 12.4% for its worst day since the Black Monday crash of 1987.
Japan’s Nikkei 225 slumped 4.8% on worries the country’s incoming prime minister will support higher interest rates and other policies that investors see as less market-friendly. Shigeru ...
The Nikkei gained 28% in 2023, making it the best performer in Asia. So far this year, it has jumped more than 17%, putting it out in front of other major global indexes.
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Radio Nikkei 1 is for general programs and eastern Japan horse-racing coverage. Radio Nikkei 2 is for live company stock price announcement and western Japan horse-racing coverage. Radio Nikkei 2's programming on weekdays is named Rani Music which is aimed for businesspersons at their 30s and 40s with music programs.
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