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  • Tokyo stocks fall on caution before BOJ meeting outcome

    Tokyo stocks fall on caution before BOJ meeting outcome

    Meeting

    Tokyo, June 13, 2024 (Xinhua/NAN) Tokyo stocks closed lower Thursday, as a cautious mood prevailed ahead of the conclusion of the Bank of Japan’s policy meeting the following day.

    Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 156.24 points, or 0.40 per cent, from Wednesday at 38,720.47.

    The broader Topix index, meanwhile, finished 24.66 points, or 0.89 per cent, lower at 2,731.78.

    Stocks started the day higher, led by semiconductor and technology stocks that tracked record-high close of the U.S. Nasdaq index overnight.

    But the market soon lost steam as investors refrained from buying ahead of the outcome of the central bank’s two-day monetary policy meeting through Friday, analysts said.

    On the top-tier Prime Market, decliners were led by electric power and gas, insurance, and iron and steel shares. (Xinhua/NAN) (www.nannews.ng)

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    Edited by Cecilia Odey and Abiemwense Moru

     

  • U.S. President Biden to meet Ukraine’s Zelensky in France

    U.S. President Biden to meet Ukraine’s Zelensky in France
    Meeting
    Washington, June 5, 2024 (dpa/NAN) U.S. President Joe Biden will meet with Ukrainian President Volodymyr Zelensky while the pair are in France, the White House said.
    Biden will discuss with Zelensky the “state of play in Ukraine, and how we can continue and deepen our support for Ukraine,” White House National Security Advisor Jake Sullivan said.
    On Thursday, both Zelensky and Biden will take part in the commemoration of the Allied landings in Normandy 80 years ago in World War II.
    French President Emmanuel Macron will receive Zelensky at the Élysée Palace on Friday, according to the Élysée.
    The two planned to discuss the situation in the defence against the Russian invasion and the needs of Ukraine, it said.
    Biden and Zelensky would also meet at the summit of the G7 leading industrialised nations from June 13 to 15 in the southern Italian region of Apulia.
    The G7 is an informal forum of the heads of state and government of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.
    The European Union is also represented at the meetings. (dpa/NAN)(www.nannews.ng)
    UMD/YEE
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    (Edited by Ummul Idris/Emmanuel Yashim)