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Stock impact report

Japan Startups Set for Longest Rout on Record as Rate Hike Looms [Yahoo! Finance]

JAPAN EXCH GRP UNSP/ADR (JPXGY) 
NASDAQ:AMEX Investor Relations: jpx.co.jp/english/corporate/investor-relations
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Ho Chi Minh City Opens First Metro Line After Years of Delay The Architects Who Built Miami Reviving a Little-Known Modernist Landmark in Buffalo New York's Congestion Pricing Plan Still Faces Legal Hurdles New York City's Historic Preservation Movement Is Having a Midlife Crisis The Tokyo Stock Exchange Growth Market 250 Index, formerly known as the Mothers Index, is down about 11% so far this year and set for its fourth yearly loss, the longest slump for Bloomberg-compiled data going back to 2000. In contrast, the broader Topix has gained 15% as banks and life insurers rose on anticipation their earnings will benefit from higher borrowing costs. The downtrend for startups could continue as the Bank of Japan seeks to hike interest rates, making it more expensive for new companies to finance research and development. The yen's recent slump to a five-month low against the dollar has also shifted attention toward Japan's exporters and away from st Show less Read more
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