Archive | September, 2007

Japanese Stocks Struggle Ahead of U.S. Employment Data Release

Friday 9/7 Tokyo trading recap: * Nikkei 225 Stock Average: -134.84 (-0.8%) to 16,122.16 * Nikkei 225 futures Osaka: -140 (-0.9%) to 16,100, Singapore (SGX) -130 (-0.8%) to 16,105, Chicago (CME) *9/7 -295 (-1.8%) to 15,805 * TOPIX: -11.50 (-0.7%) to 1,557.02; Advancers 668 x decliners 933 (unch. 124); New highs 8 x new lows [...]

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Starbucks Japan vs. McDonald’s Japan Hldg Year-to-date, 1-year; McCafe Reportedly Boosts Mac’s August Sales

Below are two stock charts, of Starbucks Japan [?????????????????] (JP: 2717) versus McDonald’s Japan Hldg [????????????????] (JP: 2702) over the calendar year and one-year period. Starbucks had a nice run up over the past 52-weeks, but is in negative territory when looking at a year-to-date chart. McDonald’s has been mostly range bound, seemingly not moving [...]

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YouTube Videos of McCafe Opening in Tokyo

McDonald’s McCafe opened in Tokyo on August 29. Here’s two YouTube videos for those interested in watching. Weekend is just about here! Have fun everyone! See also: ????????????? This one is by a customer, who concludes the portions at McCafe are too small.

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Jim Press Jumps Ship, To Leave Toyota for Chrysler

Without doubt Toyota is disappointed (and probably a lot of other emotions) about Jim Press leaving for Chrysler. Press — who has been with Toyota for 37 years, is the highest ranking Toyota executive in the U.S. and the first American on Toyota’s board — is resigning effective September 14. “I was looking forward to [...]

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Nikkei Reverses Early Losses to Close Up 0.6%, But TOPIX Most Flat, Down 0.1%

Thursday 9/6 Tokyo trading recap: * Nikkei 225 Stock Average: +98.55 (+0.6%) to 16,257.00; N225 down more than 300 point in morning session; reversal led by steel and trading co. stocks; first positive close in four sessions * Nikkei 225 futures Osaka: +50 (+0.3%) to 16,240, Singapore (SGX) +15 (+0.1%) to 16,235, Chicago (CME) *9/5 [...]

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Nikkei Drops in Afternoon Session on Concerns over Real Estate and Subprime

Wednesday 9/5 Tokyo trading recap: * Nikkei 225 Stock Average: -262.02 (-1.6%) to 16,158.45, losing streak extended to third session, N225 falls back to levels before Friday’s 410+ point gain * Nikkei 225 futures Osaka: -210 (-1.3%) to 16,190, Singapore (SGX) -1% to 16,220, Chicago (CME) *9/4 — +0.9% to 16,550 * TOPIX: -27.27 (-1.7%) [...]

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Nikkei Down 0.6% on Profit-Taking in Continued Light Trading

Tuesday 9/4 Tokyo trading recap: * Nikkei 225 Stock Average: -104.46 (-0.6%) to 16,420.47 * Nikkei 225 futures Osaka: -140 (-0.85%) to 16,400, Singapore (SGX) 16,390, Chicago (CME) *9/4 — 16,550 * TOPIX: -8.70 (-0.5%) to 1,596.74; Advancers 641 x decliners 935 (unch. 149), New highs 6 x new lows 24; only 9/33 sectors posted [...]

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Nikkei, TOPIX End Lower on Weak Capital Spending Reading, Profit-Taking, Abe Admin SNAFU

Monday 9/3 Tokyo trading recap: * Nikkei 225 Stock Average: -44.16 (-0.3%) to 16,524.93 * Nikkei 225 futures Osaka: -60 (-0.4%) to 16,540, Singapore (SGX) 16,515, Chicago (CME) 8/31 — 16,585 * TOPIX: -2.81 (-0.2%) to 1,605.44; Advancers 807 x decliners 793 (unch. 125), New highs 14 x new lows 10; 14/33 sectors posted gains [...]

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Farewell Edward Seidensticker

Edward George Seidensticker passed away at the age of 86 on August 26 in Tokyo. It is important for all of us with a connection to Japan to not forget the meaningful work of Seidensticker. The New York Times has a pretty detailed obituary of Seidensticker. He is best known for his translation of Murasaki [...]

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Nikkei Climbs 2.6% on Quarter-end Window Dressing, Expectations Pres Bush Will Help Troubled Subprime Borrowers

Friday 8/31 Tokyo trading recap: * Nikkei 225 Stock Average: +415.27 (+2.6%) to 16,569.09, highest close since 8/14, breaks through 25-day moving average (16,525) * Nikkei 225 futures Osaka: +400 (+2.5%) to 16,600, Singapore (SGX) 16,575, Chicago (CME) [*8/31 close] 16,585 * TOPIX: +40.02 (+2.6%) to 1,608.25, recovered 1,600 level for first time since 8/14; [...]

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