Categories: India

Japan's Nikkei erases loss after report of Takaichi's stimulus package

TOKYO, Oct 22 (Reuters) – Japan's Nikkei share gauge erased losses on Wednesday following a report that new Prime Minister Sanae Takaichi is preparing an economic stimulus package. The spending package is likely to exceed last year's, government sources familiar with the plan said. The Nikkei 225 Index rose on Wednesday by 0.1% to 49,365.18 after earlier declining as much as 1.4%. (Reporting by Rocky Swift; Editing by Christian Schmollinger)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Kennametal India’s Revenue Grows by 39% in the Quarter Ended March 2026

Bengaluru (Karnataka) [India], May 11: Kennametal India Limited (KIL) reported revenues of ₹4031 million for…

7 hours ago