Apr 01, 2015 12:11 PM ET
Stocks in Tokyo closed down tracking international market weakness. Jastec Co, the software developer, said first-quarter sales jumped 6.6% and net income soared 9.6%. Japan Post forecasted fiscal year revenues to increased 3.9% and net is expected to swing to profit.
Apr 01, 2015 11:31 AM ET
Australian stocks faced selling pressure after iron ore prices dropped to a new six-year low and to the lowest in the year. Australian building approvals declined for the fourth month in a row. Lend Lease was deemed as the highest bidder for a $1.6 billion building development project in Singapore.
Apr 01, 2015 11:34 AM ET
Asos, online retailer, said profit declined 6% to £14.3 million but revenues £550.5 million and forecasted positive outlook. Evraz net loss widened to $1.28 billion on 9% decrease in revenues. FirstGroup soared on fourth-quarter forecast.
Apr 01, 2015 10:43 AM ET
Sensex on the first day of fiscal year traded higher as foreign and domestic investors commit additional capital to stocks. Dr.Reddy''s plans to acquire Belgian-based UCB SA’s brands in India for ₹800 crore. Maruti Suzuki total sales in March fell 1.6%. L&T won an order worth ₹5,580 crore from NTPC.