Word: nikkei
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Uncertainty prevails among the 2,000 dealers in the brand-new Kabutocho exchange building as they try to make sense of Friday's record loss in New York. What will happen on Wall Street later today? The Nikkei Dow Jones index of 225 traded stocks falls from...
...first half-hour at the exchange, trading stops on all but three of the 250 listed Japanese stocks. "I've never seen anything like this," complains a trader. A downward spiral does not stop until 14.9% is chopped off the value ( of the Nikkei index. It is the worst one-day fall ever, eclipsing the 10% drop set off by the 1953 death of Joseph Stalin...
...defense, the decison was applauded by Defense Secretary Caspar Weinberger. The move, however, did not sit well with Japan's Socialist Party, which accused Prime Minister Yasuhiro Nakasone of being "ready to drag Japan back to the path toward war." And according to a poll published by the newspaper Nikkei, more than 65% of the public prefers that the government stick to the less-than-1% approach to defense...
...Japanese newspaper field includes four other giants: Asahi Shimbun (circ. 12.1 million), which is Yomiuri's longtime rival; Mainichi (circ. 6.9 million); Sankei (circ. 3.1 million); and the business-oriented Nihon Keizai, or "Nikkei" (circ. 3 million). Though the 119 million Japanese are known as a TV-obsessed society, they buy 68 million copies of 125 daily newspapers, making them perhaps the world's most devoted newspaper readers...
...dailies, except sober Nikkei, are viewed by readers as lively, even racy, but generally are accurate, cover serious news, and strive for objectivity (Yomiuri is, however, a zealous cheerleader for its own holdings). A typical Page One of Yomiuri will include consumer-oriented Japanese news as well as reports, especially human interest, from abroad. Inside are an editorial page, sports, business and women's news. The paper diligently covers crime, but stories are rarely explicit about sex or gore. All Japanese newspapers are privately owned; indeed, none sells shares on a public exchange. At Yomiuri, as at its rivals...