Tue, 16 September
20.1 C
Yerevan
USD: 383.12 RUB: 4.62 EUR: 450.36 GEL: 141.63 GBP: 521.31

Nikkei eases in thin trade; Tax hike, fed tapering uncertainties weigh: Reuters

YEREVAN, August 26. /ARKA/. The Nikkei average edged down in very thin trade on Monday as uncertainties over a planned sales tax hike and the U.S. Federal Reserve’s tapering kept many investors sidelined, while steady Asian stocks limited the downside for Japanese stocks.

The benchmark Nikkei shed 0.2 percent to 13,636.28 in choppy trade, after rising to as high as 13,741.49 and falling to as low as 13,586.84 during the session. The broader Topix eased 0.1 percent to 1,140.00, with 1.59 billion shares changing hands, the second-lowest since mid-November.
On the upside, short-term investors found buying opportunities in real estate stocks and construction firms,

which could benefit from redevelopment and construction needs if Tokyo will host the 2020 Summer Olympics. –0–

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img