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Nikkei Closes Above 50,000 for the First Time Ever

TOKYO, Oct 27 (News On Japan) - The Nikkei Stock Average closed at 50,512 yen on October 27th, surpassing the 50,000 mark for the first time in history and setting a new all-time high. The benchmark index rose 1,212 yen from the previous trading day, driven by strong gains across sectors.

Market sentiment was buoyed by a record-setting rally on Wall Street on October 24th, where all three major U.S. indices hit new highs. Optimism also spread ahead of the Japan-U.S. summit scheduled for October 28th, as expectations grew that Prime Minister Takaichi and U.S. President Trump would establish a positive working relationship. The easing of trade tensions between the United States and China further supported investor confidence.

At one point during trading, the Nikkei briefly reached 50,549 yen, marking an intraday record high. Semiconductor-related shares such as SoftBank Group and Advantest saw notable gains, alongside Fast Retailing and Fujikura, the latter viewed as a key player in the prime minister’s push for nuclear fusion development.

Previously: Nikkei Tops 50,000 for First Time

Source: テレ東BIZ

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An elderly woman was found dead in a roadside ditch in Akita City on October 27th, with police investigating the possibility that she was attacked by a bear. A local resident discovered the woman lying face down in a drainage channel around 11 a.m. and called emergency services.

The Nikkei Stock Average closed at 50,512 yen on October 27th, surpassing the 50,000 mark for the first time in history and setting a new all-time high. The benchmark index rose 1,212 yen from the previous trading day, driven by strong gains across sectors.

McDonald's Japan announced it will phase out the use of paper straws and introduce new lids that allow customers to drink directly from the cup without a straw starting on November 19th.

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The Nikkei Stock Average closed at 50,512 yen on October 27th, surpassing the 50,000 mark for the first time in history and setting a new all-time high. The benchmark index rose 1,212 yen from the previous trading day, driven by strong gains across sectors.

McDonald's Japan announced it will phase out the use of paper straws and introduce new lids that allow customers to drink directly from the cup without a straw starting on November 19th.

More homebuyers in Japan are turning to ultra-long housing loans, with some mortgages now stretching as long as 50 years as buyers try to keep monthly payments down in the face of sharply higher construction costs.

A subsidiary of Taiwan Semiconductor Manufacturing Co. (TSMC), a leading chipmaker, signed a location agreement with Kikuyo Town in Kumamoto Prefecture on October 24th for the construction of its second factory in Japan.

As anticipation builds for the Japan Mobility Show 2025, set to open at Tokyo Big Sight from October 30th to November 9th, Toyota Chairman Akio Toyoda has announced a sweeping reorganization of the automaker’s brand strategy. The company will redefine its group structure, including Daihatsu, into five distinct brands, with its flagship luxury car, the Century, becoming a fully independent marque.

The Japan Automobile Manufacturers Association (JAMA) issued a statement on October 23rd warning that tensions between China and the Netherlands over semiconductor firms are having a serious impact on global automobile production.

Japan's nationwide consumer price index excluding volatile fresh food rose 2.9% in September from a year earlier, the Internal Affairs and Communications Ministry announced on October 23rd. The pace of increase slightly expanded from August’s 2.7%, maintaining close to a 3% growth rate amid continued price hikes in food and other daily necessities.

Uniqlo will open a new type of store on October 24th designed specifically for children, offering an interactive shopping experience that encourages them to choose their own clothes.