May 21, 2013 8:36 AM ET
Retail investors in Tokyo drove market trading in Tokyo as broader market indexes wavered after a 9% rise last week. Softbank plans a $3.9 billion bond offering to finance its purchase of Sprint Nextel Corp. GS Yuasa soared 17% after United Air resumed its Dreamliner flights.
May 21, 2013 12:15 PM ET
Coal India net profit surged 90% and Diviís Labs net plunged 17%. Hotel Leelaventure net swung to profit and Gokaldas Exports net loss narrowed. IFCI net tumbled 32% and Tech Mahindra net climbed. Voltas net plunged 91%.
May 20, 2013 10:23 AM ET
Stocks in Tokyo gained for the second day in a row and utilities companies surged on the speculation that electricity makers plants may restart reactors. Osaka Gas and shipping companies jumped on the prospect of U.S. shale gas imports.
May 20, 2013 9:35 AM ET
Adani Enterprises consolidated net profit in the quarter surged 53% and Apollo Hospitals net climbed 27%. Dhanlaxmi Bank net swung to profit. PTC India net plunged 62% and PI Industries net jumped 6%.
May 17, 2013 11:51 AM ET
Market indexes in Tokyo reversed the course after core machinery orders rose at the fastest pace in eight years in March. Hitachi Ltd gained after the company targeted higher operating margins. Leasing companies gained on the expectations that the government may favor the industry.
May 17, 2013 9:15 AM ET
Aarti Drugs fourth quarter net soared 86% and Bajaj Holdings net rose 6%. GSFC net tumbled 75% and GNFC net declined 10%. ITC net climbed 19% and Kalpataru net plunged 14%. Motherson Sumi net edged up and Mahindra Satyam net surged. Sun TV net climbed 12%.
May 16, 2013 9:51 AM ET
Japanese GDP expanded 0.9% in the March quarter as consumer spending increased but the GDP deflator indicated price weakness, highlighting tough road ahead for the central bank. Three largest banks in Japan estimated weak earnings as aggressive monetary easing squeezes bond trading profits.
May 16, 2013 9:07 AM ET
Adani Ports fourth quarter net soared nearly three-fold. Bajaj Auto net slid 1% and Bajaj Finserv net rose 4%. L&T secured new orders worth Rs 2,542 crore and plans to sell Indiaís first inflation-linked bonds. RCapital net declined 20% and TTK net surged 42%.
May 15, 2013 10:19 AM ET
Nikkei in Tokyo resumed its advance and jumped 2.3% and crossed 15,000 for the first time in five and a half years. For the year, the Nikkei has soared 45% on top of 23% rise in 2012. Mitsubishi UFJ Financial net declined and Isuzu Motor earnings were ahead of expectations.
May 15, 2013 10:37 AM ET
Bajaj Finance fourth quarter net soared 52% and DLF offering was oversubscribed. GVK Power net loss widened and Novelis controlled by Hindalco said its net dropped to $202 million. Pfizer net climbed 21% and Karnataka Bank declined 19%. Muthoot Finance net plunged 26%.