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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 on Wednesday on expectations for the government formed by newly elected Prime Minister Yoshihide Suga, who succeeded Shinzo Abe. The benchmark Nikkei 225 index edged up 0.09 percent, or 20.64 points, to end at 23,475.53 while the broader Topix index advanced 0.21 percent, or 3.51 points, to 1,644.35. Tokyo investors were assessing the likely economic policies of Suga, who has pledged to continue the path charted by his predecessor. "Tokyo shares moved into positive territory on hopes for the new government," Okasan Online Securities said in a note. The global market is focused on Wednesday's conclusion of the two-day US Fed meeting. Fed Chair Jay Powell is expected to again signal near-zero interest rates for the foreseeable future. Analysts are also watching for further details on the bank's new inflation targeting strategy and comments from Powell on the outlook for economic recovery. The Bank of Japan will also kick off its two-day policy board meeting on Wednesday. Governor Haruhiko Kuroda is scheduled to hold a press conference on Thursday. The dollar stood at 105.34 yen in Tokyo, compared with 105.45 yen in New York. Among major shares in Tokyo, SoftBank Group surged 4.63 percent to 6,704 yen as it moves to sell chip designer Arm to NVIDIA for up to $40 billion. Sony gained 1.88 percent to 8,210 yen. Automakers were lower with Honda dropping 2.59 percent to 2,629.5 yen and Nissan falling 2.48 percent to 388.3 yen. Engineering firm Hitachi lost 1.67 percent to 3,705 yen amid reports that it planned to withdraw from a proposed UK nuclear power project. nf/sah/fox
schema:headline	Tokyo shares close higher on hope for new government
schema:mentions	Suga (rapper) Nissan Hitachi Yoshihide Suga Honda Lewis F. Powell Jr. Sony USA Gymnastics Prime Minister of Japan Nuclear power Shinzō Abe United States dollar Japan New York City United Kingdom Inflation targeting Haruhiko Kuroda Jay Powell Nvidia SoftBank Group Fox hunting Microsoft Outlook Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-09-16 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	49 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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