Japan stocks rebound 8% after historic losses; other Asia markets also open higher

The Reserve Bank of Australia will release its RBA cash rate later today, with economists expecting the rate to remain steady at 4.35%.

Japan stocks rebounded on Tuesday, following an over 12% drop in the Nikkei 225 and the Topix in the previous session. The broader Asia-Pacific market was also set to recover, futures data showed.and the broad-based Topix climbed over 7% on open. On Monday, the Nikkei saw its largest loss since Black Monday in 1987.Sign up for our free Olympics Headlines newsletter.

South Korea's Kospi jumped almost 3% while the small cap Kosdaq was up 3.75%. The rebound comes after South Korean markets were halted temporarily on Monday after circuit breakers activated.showed a larger-than-expected fall year over year, dropping 1.4% in real terms. The average monthly income per household was up 3.1% in real terms from the previous year. The larger than expected fall could restrain the BOJ's plans to raise rates.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Japan stocks rebound 8% after Japan's historic losses; other Asia markets also open higherThe rebound follows a sharp sell-off in the U.S. with the Dow and the S&P 500 notching their worst sessions since September 2022.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Japan stocks plunge over 8%, hovering near bear market territory, as Asia shares extend sell-offInvestors will look toward key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Japan stocks plunge over 7%, hovering near bear market territory, as Asia shares extend sell-offInvestors will look toward key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Japan stocks plunge 7%, extending last week's rout; other Asia-Pacific markets also fallInvestors will look toward key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »