Nikkei plunges below 20,000 amid global sell-off
NHK -- Dec 26
Tokyo's benchmark Nikkei Average plummeted more than 1,000 points. The index finished below the key 20,000-mark for the first time since September 2017.

Investors sold shares on worries that the global economy may be slowing down. The Nikkei Average tumbled 1,010 points, or five percent, to finish at 19,155. That's the lowest close in a year and 8 months.

Political turmoil in the Unites States also fueled the sell-off.

President Donald Trump tweeted that the Federal Reserve is the only problem that the US economy has. Trump stepped up attacks against the Fed after it raised the key interest rate for the 4th time this year.

And the partial shutdown of the government didn't help matters. That will last until the US Congress can agree on a spending bill. But many are worried that won't happen with Trump insisting on funding for a border wall.

News source: NHK
Jan 20
The Comprehensive and Progressive Trans-Pacific Partnership (TPP-11), a trade pact among 11 Pacific Rim nations, officially opened its doors to new members on Saturday in a move aimed at bolstering free trade at a time when the U.S. and China remain locked in a trade war. (Nikkei)
Jan 19
Overseas dependents of foreigners working in Japan would no longer be covered by medical insurance come 2020 under a legislative proposal that seeks to restrain ballooning health care costs. (Nikkei)
Jan 19
About 30 percent of respondents in a Japanese government survey say they want to work until their early 60s. (NHK)
Jan 19
Consumer prices rose a sluggish 0.9 percent last year, according to government data published Friday, as the world’s third-largest economy continues its yearslong battle to stoke weak inflation. (Japan Times)
Jan 16
The workforce in 2040 is projected to be 20 percent smaller than in 2017 due to overall population decline if the economy sees no growth and women and the elderly continue to have difficulty landing jobs, according to government study released Tuesday. (Japan Times)
Jan 16
Haruhiko Kuroda may rue the day he visited Nagoya. In a Nov. 5 speech to business leaders in the city, the Bank of Japan governor came close to declaring the end of deflation and the dawn of a new era. (Japan Times)
Jan 06
More Japanese companies went under for lack of personnel last year, reflecting the growing toll of the country's ongoing labor crunch on businesses that fail to secure or keep workers. (Nikkei)
Jan 04
Bank of Japan policymakers will weigh downgrading their inflation outlook at their meeting later this month to reflect lower crude oil prices, cuts in mobile phone fees and an expansion of free schooling. (Nikkei)
Dec 30
The 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership trade pact entered into force on Sunday, creating a free trade area covering more than a tenth of the global economy. (Japan Times)
Dec 29
The benchmark Nikkei average snapped a six-year winning streak Friday to end 2018 down more than 12 percent after being pressured by selling following a spike the previous day. (Japan Times)