Cointime

Download App
iOS & Android

Nikkei Hits Record High, Up 37.87% Year-to-Date

On June 16, the Nikkei 225 index briefly rose by 1% to 70,020.68 points, marking the first time it surpassed the 70,000-point threshold. It ultimately closed up 0.13% at 69,404.50 points, setting a new all-time closing high with a year-to-date increase of 37.87%. The Bank of Japan announced today that it will raise the policy interest rate by 25 basis points to 1%, the highest level in 31 years.

Comments

All Comments

Recommended for you

  • Trump: The U.S. Will Shift Focus to the Russia-Ukraine Issue

    On June 16, according to CCTV, U.S. President Trump stated during the G7 summit in Évian, France, on the 15th that he spoke separately with Russian President Putin and Ukrainian President Zelensky the day before. Both leaders expressed their willingness to 'take action' to resolve the Ukraine crisis, and the U.S. will next shift its focus to the Russia-Ukraine issue. Trump described his conversations with the leaders of Russia and Ukraine as 'very good' and expressed confidence that 'we can do something' to resolve the Ukraine crisis, noting that the leaders are 'open to this.' 'Next, after current matters are handled, we will shift our focus to promoting the resolution of the Russia-Ukraine issue.'
  • Central Clearing Company Reduces Settlement Service Fee for Market Makers from 20% to 25% Discount

    On June 16, the Central Clearing Company announced that the Central Government Securities Registration and Settlement Co., Ltd. is seeking public opinions on further reducing the settlement service fees for market makers. In accordance with the requirements of the regulatory authorities to lower trading settlement costs for market makers, the Central Government Securities Registration and Settlement Co., Ltd. has decided to reduce the settlement service fee for transactions executed by market makers from a 20% discount to a 25% discount. The identification and recognition of genuine market-making transactions by market makers will be based on the transaction data transmitted to the company by the foreign exchange trading center. This preferential measure will be effective from July 1, 2026, until December 31, 2028.
  • Kioxia Sets New Record, Becomes Japan's Most Valuable Company with 807% Annual Increase

    On June 16, Japanese storage giant Kioxia closed up over 4% at 97,420 yen, reaching a new historical high. Its market capitalization has reached 51.75 trillion yen, solidifying its position as Japan's most valuable company. Kioxia has seen an increase of 807% year-to-date.
  • Bank of Japan Deputy Governor Shinichi Uchida: Japan's Economy Has Moderately Recovered

    Bank of Japan Deputy Governor Shinichi Uchida stated that Japan's economy has moderately recovered, although some sectors have shown signs of weakness. The central bank will continue to raise policy interest rates based on developments in economic activity, prices, and financial conditions.
  • Bank of Japan Deputy Governor Shinichi Uchida to Hold Monetary Policy Press Conference in Ten Minutes

    Bank of Japan Deputy Governor Shinichi Uchida will hold a monetary policy press conference in ten minutes.
  • WGC Survey: More Central Banks Plan to Increase Gold Reserves

    On June 16, the World Gold Council (WGC) announced that 45% of the central banks surveyed expect to increase their gold holdings in the next 12 months, up 2 percentage points from a year ago. In the annual survey conducted by the WGC from February 5 to May 19, 54% of the 74 central banks indicated that their gold holdings would remain unchanged, while 1% expected a decrease. Most responses were received after the outbreak of conflict in the Middle East in late February, which led to rising oil prices and a decline in gold prices. The WGC's global central bank director stated that central banks remain enthusiastic about gold, and the recent drop in gold prices has not changed their views. Furthermore, the WGC reported that 93% of respondents indicated they already hold gold, up from 81% a year ago. Among the various reasons for holding gold, as many as 90% of respondents cited gold's strong performance during times of crisis. Other key reasons include long-term value storage and portfolio diversification. Respondents from emerging markets and developing economies (85%) place greater emphasis on gold as a hedge against geopolitical risks. As some central banks continue to shift their gold reserves, 9% of respondents reported increasing their domestic gold reserves in the past 12 months, up from 5% last year; 10% indicated they have diversified their overseas gold reserve locations, up from 2% last year. In the next 12 months, 7% of central banks plan to increase domestic storage, and 9% plan to diversify overseas storage locations.
  • SpaceX's Market Value Surpasses $2.5 Trillion, Exceeding Total Cryptocurrency Market Value

    On June 16, SpaceX showed strong performance after its listing on Nasdaq, with its stock price rising significantly, increasing by 19.6% on the second trading day. Its market value has surpassed $2.5 trillion. According to Coingecko data, the total market value of the cryptocurrency market is approximately $2.34 trillion. SpaceX's market value now exceeds that of the entire cryptocurrency market.
  • AI Version of Alipay Officially Launched, Ant Group Concept Stocks Strengthen

    On June 16, Alipay officially launched its AI version, becoming the world's first super app to complete a full-scale AI transformation. On the day of the product launch, Ant Group concept stocks collectively strengthened, with rapid capital inflow and significant profit effects in the sector. As of now, several component stocks have risen over 3%. Among them, Nanwei Software and Hejing Technology have increased by over 5%, Jinshi Technology by over 4%, and Xiexin Energy by over 3%. From a strategic perspective, Alipay has already completed its positioning at the data level. Currently, the number of AI payment users has surpassed 100 million, and the total number of intelligent payment transactions has exceeded 300 million, making it the only large-scale commercial AI-native payment infrastructure globally. Industry insiders compare this event to the mobile payment revolution 12 years ago, when the industry landscape was rewritten due to WeChat's strategic positioning during the Spring Festival. Now, with Alipay taking the lead in fully establishing its presence in the AI era, it may signify a new phase in the competition for super app AI entry.
  • HYPE Surges Over 10% in a Day, Currently Priced at $71.569

    On June 16, market data showed that HYPE surged over 10% in a single day, currently priced at $71.569. Previously, there were reports that Arthur Hayes allegedly bought back 47,000 HYPE tokens.
  • DeepSeek Reportedly Completes Over $7 Billion Financing

    On June 16, according to The Information, DeepSeek has completed over $7 billion in financing, with this round valuing the company at over $50 billion.