Jan 31, 2013 11:44 AM ET
Stocks in Tokyo closed higher as the earnings season accelerated. Softbank, Nintendo, Sumitomo Mitsui and Alps Electric were among the leading companies to report earnings. December industrial production increased less than expected 2.5%.
Jan 31, 2013 8:04 AM ET
Bharti Infratel third quarter net jumped 31% and Colgate-Palmolive net declined 4%. ICICI net profit jumped 30% but non-performing asset increased. Lupin net soared 42.6%. The central government plans to sell 10% stake of Oil India. Power Finance net surged 48%.
Jan 30, 2013 10:19 AM ET
The Nikkei index closed above 11,000 for the first time since April 201. Market extended rally to 28% that began in mid-November. Canon after the close reported 26% increase in operating income. Yahoo Japan soared after buy back announcement. Central Japan Railway Corp said net jumped 49%.
Jan 30, 2013 8:55 AM ET
Blue Dart third quarter net surged 101% and Crompton Greaves net swung to loss. EIL net declined 12.5% and Glenmark net jumped 375%. IOB and L&T Finance slid as third quarter non-performing assets increased. Nalco net surged 132%. RIL raised $800 million from senior perpetual notes.
Jan 29, 2013 10:31 AM ET
The Nikkei index extended gains and broader markets focused Topix index gained to rise 26% since November 14. Banks and financial lenders rose on the hopes that latest quarterly results will surpass the expectations. Smaller cap focused index soared 48% in the year so far.
Jan 29, 2013 8:56 AM ET
Dabur third quarter net soared 22.2% and Idea Cellular profit climbed 12.16%. Kalpataru Power net dropped 12.8%. Neyveli Lignite net surged 19.8% and Reliance Capital net jumped 68%. Sterlite Ind. net soared 30%. Torrent Power net declined 55%.
Jan 28, 2013 9:33 AM ET
Stocks in Japan traded higher and the index crossed 11,000 for the first time since April 2010 but closed lower. The yen declined as low as 91. Fanuc dropped after it lowered earnings outlook. Toyota reported rising global auto sales. Takeda closed up on winning a drug approval.
Jan 28, 2013 8:01 AM ET
Adani Power third quarter net loss widened and Adani Ports net soared 12.5%. Bank of India third quarter net profit jumped 12%. JSW Steel third quarter declined 19% and Reliance Infrastructure profit surged 78%. Whirlpool India net tumbled 52%.
Jan 25, 2013 5:50 PM ET
Markets in New York extended gains for the eighth day and for the fourth week in a row and the S&P 500 index closed above 1,500 for the first time since December 2007. Positive earnings and rising expectations in Europe and Japan lifted world markets. Gold and copper eased.
Jan 25, 2013 9:01 AM ET
Stocks in Japan surged after the yen declined and investors bid up stocks in anticipation of a change in leadership at the Bank of Japan. Consumer prices declined in December 0.2%, a seventh monthly decline in the last eight months. Prices fell 0.1% in 2012.