Tokyo stocks open higher, yen weakens again

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 45 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 94%

Tokyo Stocks News

Yen

Tokyo stocks opened higher on Friday after US tech shares gained, while the yen weakened against the dollar.

This photo illustration taken on April 10, 2024 shows the image of former Keio University founder Yukichi Fukuzawa on a Japanese 10,000 yen bank note next to a 100 USD note, surrounded by coins, on display in Tokyo.

The dollar fetched 153.13 yen in early Asian trade, against 153.25 yen in New York. The greenback earlier hit 153.33 yen, another 34-year low for the Japanese currency, after forecast-topping US inflation dealt a blow to hopes for a June interest rate cut by the US Federal Reserve. Fujifilm was up 2.64 percent at 3,462 yen after the company announced an additional investment of $1.2 billion in a planned biotech plant in North Carolina.

Panache Ventures, Canada's leading early-stage venture capital fund, alongside Kora, a pan-African payment gateway, has sensitised African tech leaders on venture capital in a concerted effort to catalyse technological innovation and investment opportunities in Africa. Tokyo stocks opened lower on Thursday after hotter-than-expected US inflation data drove down Wall Street shares, while the yen briefly hit a 34-year low.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tokyo Stocks Open Lower After US Inflation DataTokyo stocks opened lower on Thursday after hotter-than-expected US inflation data drove down Wall Street shares, while the yen briefly hit a 34-year low.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Tokyo stocks end higherThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Tokyo stocks close down ahead of US jobs dataTokyo stocks closed sharply lower on Friday as semiconductor-related shares dropped after falls on Wall Street, while investors eyed key US jobs data.
Source: GuardianNigeria - 🏆 1. / 94 Read more »