About: http://data.cimple.eu/news-article/640296a0e3a6af8fea1b634003f13ac9c963b3d42865b16ab1f30e02

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About: http://data.cimple.eu/news-article/640296a0e3a6af8fea1b634003f13ac9c963b3d42865b16ab1f30e02 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 stocks opened slightly higher on Friday, propped up by a weak yen and gains on Wall Street amid ebbing concerns over the economic impact of the new coronavirus outbreak. The benchmark Nikkei 225 index, which rose more than two percent Thursday, added 0.06 percent or 13.79 points to 23,887.38 in early trade. The broader Topix index edged up 0.09 percent or 1.56 points to 1,738.54. Wall Street stocks finished at fresh records Thursday, again shrugging off worries about the coronavirus outbreak and applauding China's move to cut tariffs on US goods. "The environment is good, with higher US and European stock prices and the dollar hitting 110 yen briefly," Okasan Online Securities said in a note. Investors could go for selling to lock in profits after the past three days of rises "but the market is now in a phase to roll back bear positions linked to the new virus," it said. The dollar briefly topped 110 yen early Friday before coming back to 109.94 yen against 109.97 yen in New York Thursday afternoon. Despite the cheap yen, some exporters lost ground due to the expected impact of the outbreak. Honda dropped 1.83 percent to 2,883 yen after the Nikkei business daily reported it will extend its Wuhan plant closure at least until late February. Nintendo was down 0.88 percent to 40,540 yen after the game giant warned of a supply shortage of its popular Switch console and controllers in Japan as delays in production and shipments from factories in China were "inevitable". There will be no major impact on supplies to the US and European markets but a shortage is also expected in some parts of Asia including Hong Kong, Singapore, South Korea and Taiwan, according to a Nintendo spokesman. IT investor SoftBank Group jumped 7.21 percent to 5,068 yen after reports that US hedge fund Elliott Management has built an over $2.5-billion stake in the Japanese group. mis/sah/aph
schema:headline	Tokyo shares open slightly higher
schema:mentions	Management information system Honda Hedge fund Nintendo Information technology Asia Taiwan South Korea Singapore United States dollar Hong Kong Wuhan Japan New York City Virus China Severe acute respiratory syndrome coronavirus 2 Elliott Management Corporation Fresh Records (UK) Thursday Afternoon Maritime transport SoftBank Group Economy of Japan Japanese yen Nikkei 225 Tokyo Stock Exchange Market trend
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-07 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	50 (xsd:integer)

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