Sep 30, 2015 5:58 PM ET
Nikkei average in Tokyo surged on a technical rebound and investors overlooked the weak factory output and retail sales data. Japan Tobacco plunged 10% after the company agreed to an expensive purchase of brands from Reynolds America.
Sep 30, 2015 10:56 AM ET
India settled price of natural gas with contractors at $3.82 per unit, 18% lower than the current price. India imports nearly 50% of its natural gas demand. RCom is in advanced talks with Reliance Jio to share spectrum. Godrej Properties sold its Bandra-Kurla complex.
Sep 29, 2015 2:50 PM ET
Nikkei average plunged 4% and led the Asia-wide decline on the ongoing Chinese economy slowdown worries. Shipping companies plunged more than 5% after a mid-tier shipper announced a plan to file bankruptcy.
Sep 29, 2015 11:16 AM ET
The Reserve Bank of India lowered its reference rate as anticipated but consumer price inflation in India remains elevated despite the deepening wholesale price deflation. Shree Renuka said its Brazilian unit acquired five years ago in debt-financed deals filed for bankruptcy protection.
Sep 28, 2015 3:10 AM ET
Nikkei average in Tokyo dropped 1.3% and the yen traded above 120-mark against the U.S. dollar. Suzuki Motor agreed to sell its 1.5% stake in Volkswagen AG to Porsche Automobil SE. Asahi Co soared 7% after profit jumped 22% in the first-half.
Sep 28, 2015 7:34 AM ET
Stocks in Mumbai were on the defensive ahead of the economic policy meeting tomorrow. Central and state government agencies award more highway construction contracts. Petronet LNG prepares for $160 million bond offering. Fertilizer stocks soar.
Sep 25, 2015 8:51 AM ET
Market averages in Tokyo closed jumped nearly 2% and Nikkei Average trimmed weekly losses to 2.1%. World financial markets remained trapped in a vicious downward spiral as the U.S. Fed keeps rate low while inflation forces in the housing and other assets become more entrenched.
Sep 25, 2015 8:50 AM ET
Australian markets extended weekly loss on Friday and resource stocks took another beating. Skilled Group shareholders approved merger with PMS Ltd. Myer, the department store retailer shot up 9% after broker comments.
Sep 24, 2015 2:37 PM ET
Nikkei average plunged 2.8% after Japanese markets reopened after a 3-day holiday. Weakness in New York and Shanghai were compounded by weakening growth profile in manufacturing sector and falling yen. Auto and diesel filter makers led the decliners.
Sep 24, 2015 12:53 PM ET
Road builders were in focus in Mumbai after the government agency awarded more contracts. Hindustan Construction Co. received contract from National Highways Authority of India for $300 million. Larsen & Toubro plans to sell asset.