Nikkei 225 ended at a record high after a holiday break, with semiconductor-linked stocks leading gains across Tokyo equities on Thursday.
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TOKYO: Japan posted a current account surplus of 3.93 trillion yen, or about $24.8 billion, in February, as strong returns on overseas investments helped offset softer trade-related gains…
Japan recorded a record $193 billion current account surplus in 2024, fueled by strong foreign investment returns, a weak yen, and an improving trade balance, Finance Ministry data shows.
The U.S. dollar posted strong gains in 2024, boosted by higher Treasury yields and a cautious Fed policy outlook, while markets braced for economic shifts under Trump’s administration.
Business confidence among Japan’s manufacturers improved to 14 in December, surpassing market forecasts, while nonmanufacturers’ sentiment declined slightly, highlighting mixed economic signals.
In a significant financial development, the Nikkei, Japan’s premier stock index, surged to an eight-month high, driven by the Bank of Japan’s (BOJ) decision to sustain…