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About: http://data.cimple.eu/news-article/02f03f5b1aa2246bffea8ac34df42d1948116f2db71f4349bc4a7c11 Goto Sponge NotDistinct Permalink

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

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Tokyo shares closed higher on Friday as investors cheered news that Washington had reached an agreement over massive infrastructure spending plans. The benchmark Nikkei 225 index rose 0.66 percent, or 190.95 points, to 29,066.18 while the broader Topix index added 0.80 percent, or 15.55 points, to 1,962.65. Global shares soared the previous day as US President Joe Biden announced that he and a bipartisan group of lawmakers reached an agreement on huge plans to upgrade America's roads, bridges and broadband, among other items. The news lifted New York shares, with the S&P 500 and Nasdaq marking new record finishes. "The infrastructure news helped improve market sentiment in Tokyo, too," said Toshikazu Horiuchi, a broker at IwaiCosmo Securities. "The recent acceleration of vaccinations in Japan is also positive news," Horiuchi told AFP. Tokyo investors are turning their focus to Japan's business sentiment, which will be released next week in the form of the Bank of Japan's "Tankan" survey. "After the third state of emergency, business sentiment is expected to vary among manufacturers and non-manufacturers," Okasan Online Securities said in a note. "Still, international progress in vaccination efforts should help brighten their outlook," it added. The dollar stood at 110.83 yen in Asian afternoon trade, virtually unchanged from New York overnight. Among major shares, Panasonic surged 4.92 percent to 1,309 yen after it said it had sold its entire stake in key battery customer Tesla last fiscal year, netting around $3.6 billion. Mitsubishi Motors jumped 3.34 percent to 309 yen after a newspaper said the carmaker plans to introduce low-cost electric vehicles. But Toshiba lost 0.61 percent to 4,815 yen after its shareholders rejected the reappointment of the board chair in a rebuke to management after revelations of attempts to sway voting on activist investor proposals. Toshiba shares may face selling pressure for now "as investors are concerned about uncertainty over Toshiba's corporate governance," Horiuchi said. si/sah/jfx
schema:headline	Tokyo stocks close higher after US infrastructure deal
schema:mentions	NASDAQ Panasonic S&P 500 Index Positive News Broadband Foreclosure Agence France-Presse Asia Tesla Model 3 United States dollar Vaccination New York City Joe Biden President of the United States Rechargeable battery Tankan Activist shareholder Corporate governance Market sentiment Mitsubishi Toshiba Economy of Japan Microsoft Outlook Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-06-25 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	64 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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