Apr 24, 2015 10:50 AM ET
Nikkei in Tokyo closed lower on Friday but gained 1.9% in the week when the index closed above for the first time in 15 years. Exedy Corp said fiscal year net declined 23%. Mitsubishi Motors estimated first-half sales to decline 1.5%. Monex Group fiscal year net plunged 67%.
Apr 24, 2015 10:41 AM ET
Australian market indexes jumped 1.5% on the rebound in iron ore price and tech stocks. In active trading, stocks and Aussie dollar edged higher. ResMed plunged on weaker than expected quarterly results. Mount Gibson Iron reaffirmed its annual outlook.
Apr 23, 2015 9:39 AM ET
With corporate earnings in focus, Nikkei index closed above 20,000 for the second day in a row after fifteen years. CyberAgent said second-quarter revenues rose 29%. JFE Holdings said annual net rose 36%. JSR Corp said net gained 19% on nearly flat revenues.
Apr 22, 2015 9:42 AM ET
Market indexes in Tokyo advanced and the popular Nikkei average jumped above 20,000 for the first time in fifteen years. Chugai Pharmaceuticals said fiscal year sales declined 5.6%. Idemitsu Kosan estimated wider annual loss.
Apr 22, 2015 8:50 AM ET
Market indexes in Mumbai rebounded and the rupee eased. Yes Bank net income in the quarter jumped 28% and Wipro net in the quarter rose 2% on 4% increase in revenues.
Apr 21, 2015 2:23 PM ET
Tokyo market indexes closed higher following a rebound in New York and European markets. Daiichi Sankyo said it plans to exit from its investment in India-based generic pharmaceuticals maker Sun Pharma. Yamada Denki said latest fiscal year declined 1.7%.
Apr 21, 2015 10:44 AM ET
Adani Power agreed to acquire Hyderabad-based Lanco Infratech controlled Udupi Power worth ₹6,300 crore. Sun Pharma said Japan-based Daiichi Sankyo plans to sell its entire stake of 8.3% worth $3.6 billion in the company. Hindustan Zinc said net in the quarter rose 6%.
Apr 20, 2015 11:25 AM ET
Stocks in Tokyo eased. China offered a large and unexpected stimulus as Chinese regulators crack down on speculative lending supporting a surge of more than 80% in benchmark indexes. Itochu annual sales surged 22% and net income soared 49%.
Apr 20, 2015 11:21 AM ET
Australian indexes extended weekly losses after China trimmed reserve ratio requirements for banks by 100 basis points, the largest cut since 2008. OZ Minerals said copper production rose 20% and gold production declined 9% in March quarter. Arrium tumbled 12%.
Apr 17, 2015 9:51 AM ET
Stocks in Tokyo struggled as investors awaited corporate earnings next week. Yen firmed up. Nikkei 225 declined to the lowest not seen since April 7 and the broader Topix gained for the third week in a row. Tri-Stage, the advertising company said annual revenues declined 11%.