Aug 04, 2015 12:39 PM ET
Earnings season in Japan picked up momentum as trading companies reported shrinking revenues and rising profits. Yen held firm as monetary base in July jumped 32.8% from a year ago. Current account surplus surged nearly 50%.
Aug 04, 2015 10:24 AM ET
The Reserve Bank of India keeps repo rate unchanged at 7.25%. Hero MotoCorp quarterly profit soared 33%. Britannia net surged 67% on 13% increase in revenues. RCap plans to sell its multiplexes business to Carnival Cinemas.
Aug 03, 2015 1:36 PM ET
Nikkei average and the yen eased and investors focused on latest earnings reports. Fuji Heavy Industries first-quarter sales surged 29% and Suzuki Motor lifted its annual sales and earnings outlook. Japan Tobacco said first-half sales were flat and net declined.
Aug 03, 2015 9:48 AM ET
Maruti Suzuki, the largest automaker in India, said unit auto sales climbed 21% in July. Hero, the maker of two-wheeler, said sales slipped 8% on weaker demand in rural areas. Bajaj sales rose 3%. M&M sales slipped 11%. L&T quarterly profit plunged 37%. HCL net increased 6%.