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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

25 February 2025 07:37  |

Nikkei Down 1.5%, Dragged by Tech, Heavy-Machinery Stocks

Japanese stocks are lower in early trade as concerns about borrowing costs and U.S. tariffs persist. Tech and heavy-machinery stocks are leading the declines.

SoftBank Group is down 4.8% and Mitsubishi Heavy Industries is 4.4% lower.

Meanwhile, Mitsubishi Corp. is up 7.7% and Itochu Corp. is 5.9% higher after Warren Buffett said Berkshire Hathaway's stakes in Japanese trading houses will likely increase somewhat over time. USD/JPY is at 150.08, down from 150.51 as of Friday's Tokyo stock market close. Japanese markets were closed on Monday for a national holiday.

Investors are closely watching any developments in U.S. trade and foreign policies. The Nikkei Stock Average is down 1.5% at 38194.39.

Source: Marketwatch

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