Jul 07, 2010 4:46 AM ET
Stocks in Japan fell on weaker than expected U.S. service industry expansion. Softbank Corp leads new mobile services subscriber additions in June. Nissan Motor said waiting period for some auto models surged to five months in Thailand. Sony slashes E-Reader prices.
Jul 06, 2010 4:44 AM ET
Stocks in Japan rallied tracking gains in China and other Asian markets. The coincident index shows that factory production and retail sales dropped marginally in May. Elpida Memory Inc is planning to cut debts and buy assets after it expects to post record profits in the year.
Jul 05, 2010 4:42 AM ET
Stocks in Japan traded higher after loan restrictions were eased in an Osaka Prefecture. Toyota starts recalling certain luxury car models in Japan to fix engine problem. Daiwa Securities agreed to buy the convertible bond and Asia derivative business from KBC Grope NV.
Jul 02, 2010 4:39 AM ET
Stocks in Japan closed higher but for the week declined 5.5%. The benchmark index Nikkei is hovering near 19-year low. Toyota recalled Lexus cars sold in Japan to rectify defective valve. Japanese U.S. auto sales increase lagged Korean makers in June.
Jul 01, 2010 4:36 AM ET
The decline in stocks continued for a week in Japan and Asia as investors question the health of global economy. Slowing manufacturing in China was the latest addition to these worries. However, Bank of Japanís quarterly survey indicated a positive outlook for corporate investment.
Jul 09, 2010 4:31 AM ET
The benchmark index in Mumbai closed at a three week high on better than expected earnings and positive comments on telecom stocks. Reliance Power completed financing for its 4,000 MW project in Andhra Pradesh. HCL Infosystems buys 60% in NTS Group for about $6.5 million.
Jul 08, 2010 4:28 AM ET
Mumbai stocks surged on the time arrival of monsoon rains and rising earnings expectations. The IMF lifted global economic outlook. Private estimates expect economic growth in India to increase to 8.5% from 7.4% in the previous year.
Jul 07, 2010 4:26 AM ET
Stocks in Mumbai fell the most in four days led by ICICI Bank. NMDC plans to build a new pipeline for iron ore in Chattisgarh. Reliance calls for contractors to explore for onshore oil and coal bed methane. Bharti promises $600 million telecom investment in Nigeria.
Jul 03, 2010 4:23 AM ET
Sales rose 6.3% to $10.1 billion an net income rose 33% to $973 million or 34 cents a share. Underlying volume growth for the quarter accelerated to 7.6%. Gross margin was up by 240 basis points. Underlying operating margin This improved by 60 basis points.
Jul 06, 2010 4:20 AM ET
Stocks in Mumbai rallied 1% after monsoons rains spread to the rest of India. Cairn India crosses 100,000 barrel per day production mark in Mangala oilfield. MTNL rises on demand for reimbursement of spectrum fee. Ashok Leyland lifts truck sales guidance.