ENV-KUWAIT-SUSTAINABLITYKuwait strengthens environmental sustainability through strategic initiativesBy Zahra Al-Kadhmi
HLT-KUWAIT-SURGERYKuwait advances health sector with robotic, remote surgeryBy Mohammad Al-Moseb
Saudi Arabia’s Voluntary Carbon Market Fuels the Shift to a Low-Carbon
Under UAE President’s directives, UAE launches urgent relief response for Ghana flood victims
Tokyo, September 29 (QNA) – Japanese stocks extended their losses Tuesday as a global bond sell-off and surging oil prices fueled concerns about inflation and higher borrowing costs, weighing on investor sentiment and risk appetite.
The Nikkei 225 fell 0.60% to close at 65,481.27, while the broader Topix slid 1.72% to 4,041.13.
The selling intensified as government bond yields in major markets climbed to multi-year highs, putting further pressure on equities as investors reassessed the outlook for interest rates and the cost of capital. Japanese government bond yields also approached their highest levels in decades, adding to the pressure on domestic shares.
Among individual stocks, Nexon was the biggest decliner, tumbling 14.42%, followed by Mitsubishi Motors, which fell 4.93%, and Idemitsu Kosan, down 4.92%.
On the upside, Tokai Carbon led the gainers, climbing 4.75% to a record closing level. Disco advanced 4.19%, while Screen Holdings rose 4.08%. (QNA)
