By: Peter Tasker 02/08/2019 Japanese stocks remain far below their bubble-era highs. But if reforms continue, the market could finally set a new record within a decade, says author, financial writer and Japan expert Peter Tasker. This year sees the 30-year anniversaries of several major historical events, ranging from the Tiananmen Square massacre in Beijing to the fall of the Berlin Wall. In the world of investment too, an extraordinary event took place in 1989. One of the largest stockmarket bubbles of all time peaked on the last trading day of the year when Japan’s Nikkei 225 index hit 38,915.The term “bubble” was not in general use then, but by the end of 1990 it had won Japan’s annual prize for new word of the year. You can see why. The Nikkei halved in nine months. That was just the start of Japan’s long journey into the shadow world of deflationary stagnation and financial crisis. When Shinzo Abe became prime minister for the … [Read more...] about Japanese stocks: when will we see Nikkei 39,000?
Yuri Kageyama, Ap Business Writer Updated 9:03 pm PDT, Monday, July 15, 2019 Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 16, 2019. Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. less Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, July 16, 2019. Asian shares were little changed and mixed in quiet trading Tuesday ... more Photo: Ahn Young-joon, AP Photo: Ahn Young-joon, AP Image 1 of / 5 Caption Close Image 1 of 5 Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in … [Read more...] about Asian shares mixed in lackluster trading, Nikkei falls 0.6%
LONDON (AP) — Share prices around the world surged further Wednesday amid hopes the U.S. and China are on course to resolve their trade dispute following three days of discussions in Beijing. KEEPING SCORE: In Europe, Germany's DAX added 1.1 percent to 10,919 while the CAC 40 in France climbed 1.2 percent to 4,832. Britain's FTSE 100 jumped 1.1 percent to 6,935. Wall Street looked set for more gains, with Dow futures and the broader S&P 500 futures up 0.2 percent. CHINA-US TRADE: This week's buoyancy in stock markets has been largely due to rising hopes of a resolution between the U.S. and China over their trade dispute. After three days of discussion, President Donald Trump tweeted that the talks had been "going very well!" a potential positive sign even though no major developments had been announced. Experts say it may take months to resolve the causes of the trade war, which include disagreements over Beijing's handling of technology and intellectual property. ANALYST … [Read more...] about Hopes of US-China trade breakthrough lift global stocks
.......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... BANGKOK — Share prices have surged in Europe and Asia on Wednesday on hopes for progress in resolving the tariffs battle between the U.S. and China as talks appeared to have been extended in Beijing. KEEPING SCORE: Germany’s DAX added 1.3 percent to 10,944.12 while the CAC 40 in France climbed 1.4 percent to 4,837.95. Britain’s FTSE 100 jumped 0.8 percent to 6,913.33. Wall Street looked set for more gains, with the future contract for the Dow up 0.5 percent while that for the S&P 500 also rose 0.5 percent. ASIA’S DAY: Japan’s Nikkei 225 index gained 1.1 percent to 20,427.06 and Hong Kong’s Hang Seng jumped 2.3 percent to 26,462.32. The Shanghai Composite index surged 1.0 percent to 2,544.34 while South Korea’s Kospi advanced 2.0 percent to … [Read more...] about Asian shares rally on hopes for China-US trade breakthrough
Global stock market rally moves into fourth day amid reports of a positive end to trade talks between the US and China. Talks concluded on Wednesday, 24 hours after their scheduled ending. No official word has come from the talks yet, but one senior Chinese journalist reported that “the situation is quite positive.” European and Asian stocks rose Wednesday, while futures point to a positive open in the US. Follow global markets live at Markets Insider. Global markets continue their resurgence on Wednesday after trade talks between the US and China look to have ended on a positive note. Three days of talks between Washington and Beijing wrapped up Wednesday morning, having initially been scheduled to finish Tuesday. No official word on any agreement between the sides has yet been announced, but signs are that a preliminary deal may have been agreed. “Based on what I know, the situation is quite positive,”Hu Xijin, the editor in chief of the state run … [Read more...] about ‘It’s been a good one for us’: Global stocks rally for a 4th day as US-China trade talks conclude on high note