Japan Shares Slip Amid Trump-Powell Tensions
Tuesday, April 22, 2025       13:46 WIB

April 22, 2025 at 02:44 am EDT
(MT Newswires) -- Japanese shares slipped on Tuesday as renewed pressure from US President Donald Trump on the Federal Reserve unsettled markets already bracing for a potential slowdown in the world's largest economy.
The Nikkei 225 lost 0.16%, or 55.59 points, to close at 34,224.33.
Trump doubled down on calls for immediate rate cuts, warning of a looming economic downturn, while Fed Chair Jerome Powell stuck to a more cautious line, citing inflation risks tied to the White House's tariff stance.
Traders were left assessing the fallout should Trump escalate the standoff, including threats to oust Powell before his term ends.
The Fed is widely expected to keep rates steady in the 4.25%-4.50% range at its May 6-7 meeting.
In corporate news, real estate firm FJ Next Holdings raised its net profit forecast for the year ending March 2025 by 28% to 6.4 billion yen, citing stronger operations.
Revenue is now seen at 112 billion yen, while EPS is forecast at 195.57 yen. Operating and ordinary profit are both projected at 9.4 billion yen.
Macromillwill delist on June 17 after a planned share consolidation clears the way for a buyout by TJ1 Co. The marketing data firm said fractional shares will be bought at 1,275 yen apiece, matching the tender offer price.
A shareholder vote is scheduled for May 26.
Elsewhere, Ai Holdings said its design subsidiary Ai Sekkei secured a 3.52 billion yen contract from the National Hospital Organization for earthquake resistance diagnostics.
The work is expected to be completed by March 2026, with revenue booked in the fiscal year to June 2026.

Sumber : MT Newswires