Home > Japan's stocks soar despite economy shrinking in 2020

News
Japan's stocks soar despite economy shrinking in 2020

Description

Tokyo's Nikkei closed above the 30,000 yen mark for the first time since 1990, despite Japan reporting its first annual GDP contraction since the 2009 financial crisis. The country's economy shrank 4.8 percent in 2020, although recovery in the second half of the year was better than expected. But first, Australia's Seven West Media has clinched a partnership deal with Google, just as the country's parliament is set to debate landmark laws that would force Google and Facebook to pay for news content that their platforms link to.

Added on the 15/02/2021 09:15:25 - Copyright : France 24 EN

To customise your video :

Generic export code

More videos on the subject

ANA airline lost a record $3.7-billion billion in 2020

Tokyo, Apr 30 (EFE/EPA).Japanese carrier All Nippon Airways Friday posted a record net loss of more than 405 billion yen ($3.7 billion) for the pandemic-struck financial year that ended on Mar.31. (Camera: FRANCK ROBICHON)SHOT LIST: B-ROLL OF ANA PLANES IN TOKYO, JAPAN.

30/04/2021 - EFE Inglés
Japan maintains 4.8 percent decline in GDP in revised 2020 data

Tokyo, Mar 9 (EFE/EPA).- Japan's economy contracted by 4.8 percent in 2020, according to revised data published Tuesday by the government, which maintained its initial estimate, although it reported a lower investment and revised down the growth in the last quarter of the year.The revised report released by the Cabinet Office on Tuesday confirms the first contraction in the country's GDP since the record 5.7 percent decline it registered in 2009.That year, the Asian country's economy was impacted by the financial crisis sparked by the collapse of Lehman Brothers, and last year by the coronavirus pandemic. (Camera: ARCHIVE).B-ROLL OF ECONOMIC ACTIVITIES IN TOKYO, JAPAN.

09/03/2021 - EFE Inglés
Japan stocks lower at close of trade

Tokyo, Mar 4 (EFE/EPA).- The main index of the Tokyo Stock Exchange, the Nikkei, fell 2.13 per cent Thursday, after investors were cautious about the rise in interest rates in the US and its potential impact on market stability.(Camera: KIMIMASA MAYAMA)SHOT LIST: ELECTRONIC BOARDS DISPLAYING STOCK FIGURES IN TOKYO, JAPAN.

04/03/2021 - EFE Inglés
Nikkei rises 1.67 per cent encouraged by Fed comments of compromise

Tokyo, Feb 25 (EFE / EPA) .- . The main Tokyo Stock Exchange index, the Nikkei, rose 1.67 per cent Thursday encouraged by comments made by the president of the US Federal Reserve Bank (Fed) on the commitment of the entity to continue supporting the economy.(Camera: FRANCK ROBICHON)SHOT LIST: TOKYO STOCK EXCHANGE B-ROLL.

25/02/2021 - EFE Inglés
Tokyo's Nikkei index opens over 1% up after Biden win

Screen at Tokyo stock exchange shows Nikkei 225 index opening higher Monday following the election of Joe Biden as the next US president after a nail-biting, close contest resulted in the outcome that the market had expected. IMAGES

09/11/2020 - AFPTV - First images
Tokyo stocks open with 2% rise as US election polls begin closing

Tokyo, Nov 4 (EFE/EPA).- The Tokyo Stock Exchange made a significant advance at the open on Wednesday, taking over from the most recent rises on Wall Street and with traders' attention focused on the results of the US elections.Half an hour after the opening of the session, the Nikkei 225, the main indicator of the Tokyo stock exchange, rose 1.69 percent to 23,689.08 points, when trading resumed after the holiday on Tuesday.In the first fifteen minutes of the day, the Nikkei rose 2 percent, although it subsequently reduced its momentum.SHOT LIST: MONEY DEALERS WATCH MONITORS AS THEY FOLLOW THE US PRESIDENTIAL ELECTION VOTE COUNT, IN TOKYO, JAPAN.

04/11/2020 - EFE Inglés