Japan stocks higher at close of trade; Nikkei 225 up 0.55%

Japan's stock market rose, led by Marine Transport, Steel, and Communication sectors. The Nikkei 225 gained 0.55%, with notable performances from Sumitomo and Sony, while crude oil prices fell.

Earnings call: Renesas anticipates revenue decline amid inventory issues

Bernstein bullish on Japanese semiconductor stocks

Bernstein expresses a positive outlook on Japanese semiconductor stocks, emphasizing growth in the semiconductor production equipment sector driven by AI and global chip demand.