Jun 30, 2015 3:28 PM ET
World markets were on the defensive for the second day in a row as the prospect of a last minute accord between international lenders and Greece receded. Greece is scheduled to default at midnight and finance ministers are expected to meet tomorrow morning. China took steps to halt bear market.
Jun 30, 2015 10:33 AM ET
Market indexes in Asia and in Japan traded higher on the hopes that the last minute effort to avoid Greek debt default may lead to an accord. European Central Bank took steps to prevent the fast changing crisis from spreading to other nations in the euro zone. Sony announced a $3.6 billion offering.
Jun 29, 2015 12:13 PM ET
Market indexes in Tokyo plunged as much as 3% following a sharp turn in the euro zone. Greece imposed capital controls and entered in an unpredictable zone with the prospect of troubled nation leaving the currency union rose.
Jun 29, 2015 9:15 AM ET
ASX 200 index in Sydney declined more than 2% after Greek worries and financial markets braced for more fallout in the euro zone. Australian dollar declined as investors sought safety in yen and the U.S. dollar.
Jun 26, 2015 2:48 AM ET
Nikkei average on Friday extended weekly gains after jobless rate in May was flat and volatile household spending rose for the first time in over a year. The latest economic reading supports the string of relatively weak economic backdrop with the consumer demand falling.
Jun 25, 2015 3:06 PM ET
Nikkei average in Tokyo closed down and the yen weakened after Greek debt collapsed and U.S. revised its first-quarter economic growth. J. Front Retailing reported first-quarter sales declined 0.1% but estimated sales to rise 2.4% in the first-half.
Jun 25, 2015 2:58 PM ET
Prime Minister Modi unveiled three pronged plan to kick off housing projects, build smart cities and provide infrastructure to smaller cities. The ambitious plan calls for government spending of $70 billion over the next seven years. Investors took positive view of the plan and bid up stocks.
Jun 24, 2015 11:16 AM ET
Stocks in Tokyo extended gains and the yen weakened. Konica Minolta agreed to acquire the U.S. based Radiant Vision System for 30 billion yen. Nomura Research estimated higher sales and earnings in the current fiscal year.
Jun 23, 2015 10:09 AM ET
Nikkei and Topix soared nearly 2% and the yen eased on the hopes that Greece and European lenders are nearing a compromise and avoid a debt default in the euro zone. SoftBank formed a joint venture with India-based Bharti Enterprises to bid for solar power projects.
Jun 22, 2015 9:36 AM ET
Nikkei average in Tokyo soared 1.5% and the yen gained in active trading. Tokyo Electron and Applied Materials withdrew merger plan. Fancl, the maker of nutrition supplements, said sales in May increased 17%.