About: http://data.cimple.eu/news-article/006a585aca32fa1316f868c27d19ea3a4ef80ecc5a6d065ee918fc87

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About: http://data.cimple.eu/news-article/006a585aca32fa1316f868c27d19ea3a4ef80ecc5a6d065ee918fc87 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo shares closed higher Wednesday on easing global worries about the coronavirus outbreak, while the yen's fall also encouraged investors. The benchmark Nikkei 225 index added 1.02 percent, or 234.97 points, to 23,319.56, while the broader Topix index rose 1.04 percent, or 17.59 points, to 1,701.83. Investors also cheered news that China might be considering more economic stimulus to ease the fallout from the virus, which has killed hundreds and infected more than 24,000 in China, with dozens more cases reported worldwide. The Tokyo market started with healthy gains, benefiting from optimism fuelled by overnight rallies on Wall Street, where the Nasdaq index set another record high. S&P Global Ratings said in a statement without a rating action Wednesday that "while the situation is obviously a fluid one, our base-case projection is that the coronavirus crisis will stabilise globally in April 2020, with virtually no new transmissions in May". "Our worst-case projection holds that the virus stops spreading in late May, and optimistically in March," it said, adding that the peak impact on economic activity across Asia-Pacific will be in the first and second quarters. "Growth should stabilise later in 2020 and recover through early 2021 as the temporary effect on activity wanes." The Tokyo market stayed buoyant throughout the day, with the dollar standing at 109.39 yen, against 109.52 yen in New York. "During the afternoon session, the yen's further fall as well as market gains made in Hong Kong and Shanghai encouraged investors," Okasan Online Securities said in a note to clients. Among major shares, Toyota added 0.99 percent to 7,715 yen. Nintendo rose 0.82 percent to 40,430 yen. Construction equipment maker Komatsu gained 1.00 percent to 2,413 yen. But Uniqlo-operator Fast Retailing gave up early gains to end down 0.28 percent to 57,600 yen. Sony fell 0.53 percent to 7,659 yen. hih/sah/fox
schema:headline	Tokyo shares advance on weakening virus fears, lower yen
schema:mentions	Fox Sony Toyota Nintendo Ebola virus disease United States dollar Hong Kong New York City China Coronavirus Severe acute respiratory syndrome coronavirus 2 Komatsu Limited S&P Global Fast Retailing Asia-Pacific NASDAQ Composite Shanghai Stock Exchange Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-05 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	54 (xsd:integer)

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