Your email has been successfully added to our mailing list.

×
0 0.000367107195300955 0.00110132158590299 0.00110132158590299 -0.000741556534508044 -0.000367107195301085 0.00110132158590299 0.00073421439060204
Stock impact report

Tariff-hit firms may need business turnaround financing, Japan's bank lobby chair says [Yahoo! Finance Canada]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
TOKYO (Reuters) - Japanese banks may need to offer business turnaround support to companies hit by tariffs imposed by the administration of U.S. President Donald Trump, the head of the country's banking lobby said. Many large Japanese firms, including major exporters and manufacturers, are grappling with U.S. duties on imports of steel and aluminium and a 25% tariff on imported cars and light trucks starting this week. "We think tariffs could lead to a deterioration in corporate earnings," the new chair of the Japan Banks Association, Junichi Hanzawa, told Reuters in an interview. "We will have to ascertain whether this weighs on employment and salaries and then become a burden for companies' and households' repayments," Hanzawa added. Almost 90% of Japanese companies see the Trump administration as bad for business, with the majority of these pointing to trade policy – including tariffs – as the most detrimental factor, a Reuters poll showed in February. On top of their us Show less Read more
Impact Snapshot
Event Time:
MUFG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MUFG alerts
Opt-in for
MUFG alerts

from News Quantified
Opt-in for
MUFG alerts

from News Quantified