Global Equities Roundup: Market Talk

The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

0533 GMT - Mitsubishi Estate's excess returns from redeveloping its assets in a certain Tokyo district could be increasingly difficult to maintain, says Morningstar's Xavier Lee in a note. The Japanese real-estate developer is best known for its portfolio in Marunouchi, a district in Tokyo where many of Japan's largest corporations and financial institutions are headquartered, the analyst notes. Part of the value creation from this portfolio is driven by redevelopment gains rather than enduring pricing power. Therefore, maturation of redevelopment opportunities in this segment could pose a headwind to Mitsubishi Estate's portfolio returns, he adds. Morningstar initiates coverage of Mitsubishi Estate at a fair-value estimate of 3,830 yen. Shares are up 0.1% at Y3,707. (megan.cheah@wsj.com)

0511 GMT - Bitcoin edges lower in the Asia, pausing after crossing $82,000 but firmly above $80,000. The closely watched level was crossed overnight after comments from Fed Gov. Waller pared expectations of aggressive rate hikes. Analysts are looking for a sustained run above $80,000 to confirm an upturn after volatility followed August's surge. The gains in Ethereum, Ripple and other coins are encouraging, signaling that buying is spreading across the ecosystem, says Antonio Di Giacomo at XS.com. The upswing is also significant because of the challenging backdrop for risk assets. Bond yields remain elevated and markets continue to weigh the possibility of further rate hikes globally. Higher yields normally reduce the appeal of crypto, but it's withstanding the pressure in recent sessions, he says. Bitcoin last trades at $81,016 after touching $82,163. (fabiana.negrinochoa@wsj.com)

(END) Dow Jones Newswires

September 04, 2026 01:33 ET (05:33 GMT)