The Business Times
business-time-50

Tokyo: Stocks close lower on interest rate worries

google-preferred-sourceAdd BT as a preferred source
Published Wed, Aug 24, 2022 · 02:25 PM
    • The benchmark Nikkei 225 index ended down 0.49 per cent, or 139.28 points, at 28,313.47.
    • The benchmark Nikkei 225 index ended down 0.49 per cent, or 139.28 points, at 28,313.47. PHOTO: BLOOMBERG

    TOKYO stocks closed lower on Wednesday (Aug 24) as renewed worries over rate hike plans in the United States weighed on the market ahead of a meeting of central bankers in Jackson Hole, Wyoming this week.

    The benchmark Nikkei 225 index ended down 0.49 per cent, or 139.28 points, at 28,313.47 while the broader Topix index fell 0.22 per cent, or 4.26 points, to 1,967.18.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    The bungalow's transacted price works out to about S$3,169 psf on the freehold land area of 23,979 sq ft.

    Shanda co-founder sells Tanglin Hill bungalow for S$76 million

    Beyond structural portfolio shifts, the study highlighted paradoxes regarding intergenerational wealth planning and succession.

    Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    Jumbo Group says its landlord, the National Parks Board, is studying the redevelopment of East Coast Seafood Centre in tandem with longer-term plans for the park.

    Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More