TOKYO, May 29 ― Tokyo stocks opened lower today, tracking falls on Wall Street on rising tensions between the US and China. The benchmark Nikkei 225 index was down 0.56 per cent or 123.03 points at 21,793.28 in early trade, while the broader Topix index slipped 0.65 per cent or 10.20 points to...
The benchmark Nikkei 225 index was down 0.56 per cent or 123.03 points at 21,793.28 in early trade, while the broader Topix index slipped 0.65 per cent or 10.20 points to 1,567.14. — Reuters pic
“Ahead of the weekend, the Japanese market is seen weighed down by falls in US shares,” Okasan Online Securities said in a commentary. US Secretary of State Mike Pompeo said the status had been withdrawn because China was no longer honouring its handover agreement with Britain to allow Hong Kong a high level of autonomy.In Tokyo, Nissan dived 6.67 per cent to ¥420.3 and its smaller alliance partner Mitsubishi Motors dropped 4.49 per cent to ¥319 after Nissan reported a huge US$6.2-billion annual net loss as it reels from the impact of the coronavirus.
Other carmakers were also lower, with Toyota trading down 1.31 per cent at ¥6,881 and Honda off 1.91 per cent at ¥2,842.5 yen.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China parliament approves Hong Kong security bill as tensions with US rise | Malay MailBEIJING, May 28 — China's parliament, the National People's Congress, approved a decision today to go forward with national security legislation for Hong Kong that democracy activists in the city and Western countries fear could undermine its autonomy. China says the legislation will be aimed at...
Read more »
China violating international obligations over HK, say UK, US, Canada | Malay MailLONDON, May 28 — China’s plan to impose a new security law on Hong Kong puts it in direct violation of its international commitments, Britain, the United States, Canada and Australia said today. “China’s decision to impose the new national security law on Hong Kong lies in direct conflict...
Read more »
Tokyo stocks close at three-month high on virus optimism | Malay MailTOKYO, May 28 — Tokyo stocks soared today to a three-month high on optimism over the gradual reopening of virus-hit economies worldwide, as investors also kept a close eye on US-China tensions over Hong Kong. The benchmark Nikkei 225 index ended up 2.32 per cent, or 497.08 points, at 21,916.31,...
Read more »
Badminton World Federation: Shuttlers to keep Tokyo ranking points earned before shutdown | Malay MailMUMBAI, May 27 — Shuttlers will keep ranking points they earned during the original Olympic qualification period before the novel coronavirus pandemic forced the Tokyo Games to be postponed, the Badminton World Federation said today. The All England Open, played from March 11-15, was the final...
Read more »
Ringgit ends marginally lower against US dollar | Malay MailKUALA LUMPUR, May 28 — The ringgit ended slightly lower against the US dollar today amidst the decline in global crude oil prices, a dealer said. As at 6pm, the local note was quoted at 4.3540/3600 against the greenback compared with yesterday’s close of 4.3450/3510. Financial services firm...
Read more »
US bill to pressure China over Uighur rights goes to TrumpThe House of Representatives voted 413-1 on the bill to pressure their president to impose human rights sanctions on China.
Read more »