May 30, 2014 11:04 AM ET
Stocks in Tokyo slipped on Friday and for the week the Nikkei Stock Average increased 1.2%. The yen held firm. The latest measure of inflation tracked by the government in April showed the largest jump since 1991.
May 30, 2014 8:59 AM ET
BHEL net and revenue plunged. Cipla profit dropped 6%. DLF net swung to profit. L&T net surged 69%. M&M profit edged up. ONGC net surged 44%. Power Grid Corp profit jumped. Sun Pharma profit soared 57%. Tata Chemicals net loss widened and Tata Motor net rose 0.7%.
May 29, 2014 9:47 AM ET
The Nikkei Stocks Average gained in thin trading and the yen held firm below 102 against the U.S. dollar. April retail sales plunged 13.7%, after the announced sales tax increase brought forward sales in March. Mitsubishi UFJ agreed to acquire Bermuda based hedge fund administrator.
May 29, 2014 8:48 AM ET
BPCL net declined 15% and IOC net plunged 35% despite higher government subsidies. Bajaj Electricals net swung to a loss. Coal India net plunged. Hero Motocorp profit slipped. Hindalco net declined 48%. NALCO profit dropped 30%.
May 28, 2014 9:52 AM ET
Nikkei in Tokyo advanced and the year traded near 2-month high and construction companies were in focus on the expectations of city development tax incentives. Senko Co said annual sales and net income rose.
May 28, 2014 9:04 AM ET
Apollo Hospitals net jumped 7%. Havells India profit climbed 25%. Hawkins net soared. JSW Steel net surged 63%. Jet Airways net loss widened. Oil India net and sales plunged. SAIL profit edged up. SCI surged after net swung to profit. Thermax profit dropped 8%.
May 27, 2014 11:03 AM ET
Stocks in Tokyo opened higher but market indexes trimmed the day’s advance at close. The yen held firm near 2-month high and investors looked for signs of growth in corporate earnings. Mitsui Fudosan is looking to raise as much as $3.6 billion.
May 27, 2014 12:56 PM ET
Bharat Forge net and sales climbed. Dish TV net loss widened. GAIL (India) profit climbed 57%. Jaypee Infratech tumbled after net and sales declined. Jubilant Life Sciences net swung to profit. Power Finance net jumped 9%. TV18 net surged. Wockhardt net plunged 78%.
May 26, 2014 4:09 AM ET
Dhanlaxmi Bank net swung to loss. EIL net tumbled 43%. Lakshmi Machine profit surged 88%. Lanco Infratech net loss widened. Muthoot Finance plunged after net and revenue declined 18%. Moil net soared 36%. TCIL profit climbed 48%. Vardhman Textiles net jumped 34%.
May 26, 2014 4:08 AM ET
Investors in Japan reacted positively to the U.S. new home sales data released on Friday. The yen traded at a 2-year high and the Topix added 1.2% gained after rising 1.8% in the previous week. Sony enters in two joint ventures in China after the nation 13-year ban on game console sale.