Apr 30, 2013 7:45 AM ET
The Nikkei index slipped a fraction after Fanuc, Honda Motor and Ricoh reported weaker than expected earnings and failed to yen estimate for the fiscal year earnings. Corporate Japan is sending signals to policymakers that weaker yen may be harder to sustain.
Apr 29, 2013 8:26 AM ET
Exide fourth quarter net grew 3% and Goodyear first quarter net surged 91%. Hindustan Uniliever fourth quarter net climbed 18% and Hero MotoCorp net slipped 5%. Hexaware net jumped 20% and IOB net plunged 89%.
Apr 25, 2013 10:53 AM ET
In cautious trading, the benchmark Nikkei index gained and the yen inched higher. Nintendo, Canon and Shiseido declined on earnings disappointments but Japan Tobacco traded higher on better than expected current fiscal year outlook.
Apr 25, 2013 8:54 AM ET
Axis Bank fourth quarter net climbed 21.8% and Gillette India third quarter net climbed 12.5%. Hindustan Zinc fourth quarter net surged 53.3% and L&T Finance net surged 21.8%. United Phosphorus net surged 37.9%.
Apr 24, 2013 12:26 PM ET
Nikkei extended rally and jumped 2.3%, the most in twelve days, after the yen resumed its slide and declined to a level close to 100-mark. Bank of Japan is scheduled to meet later in the week. JFE Holdings, Mitsubishi Motor and Canon gained on earnings.
Apr 23, 2013 12:19 PM ET
Stocks in Tokyo edged lower after investors took profit in real estate and financial services companies. The yen paused its slide against the dollar and the Nikkei index fell 0.3%. Real estate stocks surged doubled after the Nikkei index soared 58% since November 2012.
Apr 23, 2013 9:28 AM ET
Cairn India fourth quarter net surged 17% and HDFC Bank net surged 30%. Mahindra Lifespace fourth quarter net soared 95% and Persistent Systems net climbed 43%. Reliance and Airtel signed pact for international data connectivity. Tata Sponge fourth quarter net plunged 36%.
Apr 22, 2013 10:38 AM ET
MindTree fourth quarter jumped 14%. Tata Elxsi net profit fell 1.5%. UltraTech net slid 2.6%. Wipro plunged on weak revenue outlook and fourth quarter climbed 17%.
Apr 22, 2013 10:37 AM ET
The Nikkei index in Tokyo jumped 1.9% to reach a new 5-year high and the yen dropped near 100-mark after G20 ministers avoided criticizing the latest monetary easing by the Bank of Japan. Investors are targeting the Nikkei at 14,000 before the year-end.
Apr 19, 2013 11:34 AM ET
Markets in Tokyo advanced after Finance Minister Aso said G20 minister failed to criticize stimulus and the yen weakening. The yen is likely to weaken further and market indexes are expected to rise in the next two weeks as the earnings season gather momentum.