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About: http://data.cimple.eu/news-article/9be3140bc862607acb0661b2a7b0db6f1488509d9c82c2e751358e53 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo stocks opened lower on Thursday after European and US stock markets plunged on worries over resurgent coronavirus infections. The key Nikkei 225 index lost 1.06 percent or 238.95 points to 22,295.37 in early trade while the broader Topix index was down 0.98 percent or 14.75 points at 1,565.75. "Risk sentiment reversed sharply overnight as virus cases rising in the US endangers the pace of the tentative recovery seen in the data to date," said Tapas Strickland, director of economics and markets at National Australia Bank. "We had been noting for some time that markets were trying to grapple with the implications of rising virus cases given the high bar to re-impose restrictions. "What changed overnight were signs of companies and consumers appearing to act ahead of officials," he said in a commentary, pointing to a dive in restaurant bookings and Nike closing several stores. On Wall Street, key indexes plunged more than two percent Wednesday. European markets also sank amid virus fears and rekindled trade tensions between Brussels and Washington. The US government said it is considering new taxes on $3.1 billion in European imports amid a dispute over subsidies to planemaker Airbus, just days after the EU indicated it plans to move forward on a digital tax that would primarily hit US tech titans. Updated IMF economic forecasts also hit investor sentiment, with the institution predicting the global economy would contract by 4.9 percent this year and warning the downturn is a "crisis like no other". The dollar was trading at 107.03 yen in early Tokyo trade, compared with 107.05 yen in New York Thursday afternoon. In individual stocks trade, NEC jumped 2.37 percent to 5,170 yen after the electronics giant said it was talking with telecom group NTT on a capital and business tie-up for 5G wireless technology development. NTT slipped 0.13 percent to 2,505.5 yen. Automakers and airlines were sharply lower, with Toyota Motor down 1.66 percent at 6,861 yen and Japan Airlines off 3.37 percent at 1,991 yen. mis/sah/kaf
schema:headline	Tokyo stocks open lower as risk aversion grows on virus
schema:mentions	Nippon Telegraph and Telephone Tapas Toyota MIM-3 Nike Ajax Brussels International Monetary Fund University of Washington United States dollar Asteroid family European Union 5G New York City Virus Severe acute respiratory syndrome coronavirus 2 Risk aversion NEC Digital electronics Japan Airlines Thursday Afternoon National Australia Bank Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-25 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	55 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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