Nikkei Closes Higher on Optimism Over Japan-US Trade Deal

Published on 09/04/2025 at 02:52 am EDT
(MT Newswires) -- Japanese shares closed higher on Thursday as trade negotiator Ryosei Akazawa departed for US ministerial talks, signaling progress on implementing the July trade deal after lower-level discussions concluded.
The Nikkei 225 rose 1.53%, or 641.38 points, to end at 42,580.27.
Akazawa said both countries had agreed to implement the accord "faithfully and swiftly." His visit follows last week's abrupt cancellation, which fueled speculation of lingering differences.
Japan is pushing for US President Donald Trump to cut car tariffs and scrap overlapping levies, with autos a key focus for its economy. Akazawa is due back in Tokyo on Saturday, though it is unclear whom he will meet in Washington.
On the corporate front, PHC Holdings will transfer commercial operations of its loss-making Eversense glucose monitor to Sensconics, with final terms due by Oct. 31.
Monex Group bought CA$45.8 million in shares of Canada's 3iQ, lifting its stake to 97.8%. 3iQ's assets rose 39% to CA$1.51 billion since Monex's 2024 entry.
Mazda Motor raised U.S. prices on its CX-5 SUV and MX-5 sports car by $280-$300, Nikkei Asia reported.

Sumber : MT Newswires