Dec 19, 2014 1:13 PM ET
Market indexes in Japan closed up 2.4% and for the week, the Nikkei index gained 1.4%. The yen resumed its downward decline and flirted with 120 mark against one dollar.
Dec 18, 2014 12:29 PM ET
Stocks in Japan shot up following a surge in U.S. market indexes after the Fed appeared to be in no hurry to advance rate hike schedule in 2015. Adventure, the online air ticket site operator, soared 87% on debut. Dairei Co and Gumi closed below initial public offering prices.
Dec 17, 2014 10:52 AM ET
Stocks in Japan and in Asia stabilized but Nikkie index lacked direction. The yen gained a fraction and oil and gold closed up. Japan Tobacco plunged more than 7% on the worries of Russia sales and a possible increase domestic tax.
Dec 16, 2014 10:21 AM ET
Stocks in Tokyo and Asia declined for the second day on the dramatic turn of events in Russia. Nikkei dropped 2% and extended two-day sell-off after Russia hiked interest rate by 6.5% to ward off capital flight. Asahi Holdings Inc agreed to acquire Johnson Matthey Plc for $186 million.
Dec 15, 2014 12:53 PM ET
Prime Minister Shinzo Abe’s party led coalition won more than two-thirds majority in the weekend Parliamentary election. The widely anticipated results strengthened the government hand to pass bolder economic reforms. J.Front Retailing and Takashimaya reported weak November sales.
Dec 12, 2014 12:15 PM ET
Tokyo indexes closed higher ahead of parliamentary election. Prime Minister Shinzo Abe’s party led coalition is expected to win more than two-thirds majority. Canon Inc soared after the company announced dividend increase of 15%. Nidec confirmed the purchase of auto parts maker in China and Germany.
Dec 11, 2014 11:49 AM ET
Stocks in Tokyo closed lower and extended 2-day losses to more than 3% after investors worried about the impact of the sharp plunge in oil prices since July. Hair transplant service provider and wigs maker, Aderans Co Ltd said sales growth though brisk edged lower in November.
Dec 10, 2014 10:27 AM ET
Market averages in Tokyo plunged 2.2% after investors reacted to the growing political turmoil in the euro zone. Greece is likely to delay its exit from the bailout and may not meet the terms set by the troika of international lenders. Skymark and ANA may enter into a code share alliance.
Dec 09, 2014 11:03 AM ET
Nikkei and Topix indexes closed lower after analysts held out for weaker yen in the next six months. Oil futures declined to a five-year low and metals trended lower after speculators exit the market. Token Corporation, the construction company reported first-half results in line with expectations.
Dec 05, 2014 3:00 PM ET
Japanese stocks and market indexes extended gains for the sixth day in a row and the Topix extended seven-year high. The yen dropped below 120 mark and economists and brokers held out for 125 against the U.S. dollar target.