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Stock impact report

Japan stocks edge higher as stimulus optimism eases global recession worries [Reuters (UK)]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: Reuters
Japan stocks edge higher as stimulus optimism eases global recession worries - Reuters 3 Min Read TOKYO, Aug 19 (Reuters) - Japanese shares advanced on Monday after hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany and China eased immediate concerns about a slowing global economy. However, the gains were limited as the U.S.-China trade dispute remained a nagging worry for market participants. The Nikkei share average rose 0.5% to 20,525.45 points, while the broader Topix added 0.4% to 1,491.44 by the midday break. On Wall Street, all three major stock averages closed higher on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market. On Friday, Der Spiegel magazine reported that Germany’s coalition government was prepared to set aside its balanced budget rule in order to take on new debt and launch stimulus steps to counter a possible recession. German stim Show less Read more
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