TOKYO, May 24- Japan's Nikkei share average regained ground on Friday after a 7.3- percent dive in the previous session, its biggest one-day percentage drop in two years after weak Chinese factory data spooked investors.» Read More
TOKYO, May 21- Japan's Nikkei share average eased from a 5-1/ 2- year high on Tuesday as Wall Street ended flat and the dollar slipped against the yen on caution before U.S. Federal Reserve Chairman Ben Bernanke's testimony. The Nikkei fell 0.6 percent to 15,269.85, while the broader Topix index dipped 0.2 percent to 1,266.71.
A chief government spokesman commented that the recent improvements in the Japanese economy show Prime Minister Abe's economic policies are starting to take effect in the real economy. The Nikkei's Makiko Utsuda has more.
*Asian shares firmer after Friday's Wall Street rally. SINGAPORE, May 20- The yen pulled up from a 4-1/ 2 year low against the dollar on Monday after Japan's economics minister said a further steady drop in the yen could have negative effects on households, pushing the dollar to a low of 102.00.
*University of Michigan consumer sentiment data, leading indicators on tap. *J.C. Penney dips after earnings. Data expected on Friday includes the Thomson Reuters/ University of Michigan Surveys of Consumers preliminary May consumer sentiment index at 9:55 a.m..
Mitsui, Mitsubishi and Nippon Yusen reached a joint venture agreement with the U.S. firm Sempra Energy. The project, estimated to cost $10 billion, plans to produce 12 million tons of liquefied natural gas a year by 2017, or equivalent to 10% of annual Japanese demand. The Nikkei's Sachiko Kishida reports.
*Japan stocks remain firmly footed in structural bull market- JPMorgan. *Hitachi up on higher operating margin forecast. TOKYO, May 17- The Nikkei share average rose on Friday with investors snapping up reflationary plays such as real estate stocks on the dips- posting a second week of gains supported by the benign effects of a weak yen.
*MSCI Asia Pacific ex- Japan edges lower. At 0604 GMT, futures for Euro STOXX 50, Germany's DAX and France's CAC were 0.1 to 0.4 percent lower. U.S. equities had sagged on Thursday after John Williams, president of the Federal Reserve Bank of San Francisco, said the Fed could begin easing back on the monetary gas pedal this summer and end bond buying late this year.
TOKYO, May 17- The Nikkei share average rose on Friday, hitting a fresh 5-1/ 2- year high and posting two straight weekly gains supported by ongoing optimism on the back of a weak yen. The benchmark Nikkei gained 0.7 percent to 15,138.12 points, the highest closing level since December 2007.
Dhiren Sarin, Chief Technical Strategist, Asia Pacific at Barclays says Japan is only recently catching up to the easing monetary policies of the West so it is feasible to expect the Nikkei to reach highs of 18,000.
*Hitachi up on higher operating margin forecast. TOKYO, May 17- The Nikkei share average fell for a second day on Friday as caution over the recent steep rises continued to spur profit-taking while a pullback in Wall Street soured investor sentiment, but ongoing optimism in the benefits of a weak yen kept the index near the 15,000 mark.
TOKYO, May 17- The Nikkei share average fell for a second day on Friday as caution over the recent steep rises continued to spur profit-taking, while a pullback in Wall Street soured investor sentiment.
TOKYO, May 17- The Nikkei share average may pull back slightly on Friday after Wall Street weakened overnight, but the market is on track to log its second-straight weekly gain on the back of a depressed yen and optimism over the earnings outlook for Corporate Japan.
LONDON, May 16- Surprisingly weak U.S. housing and labour market data erased the dollar's gains against the euro and the yen on Thursday and pointed to a lower start on Wall Street. The dollar dropped 0.2 percent against the euro to trade at around $1.2908. It had been flat at $1.2884 just before the data.
*Cisco jumps after earnings, outlook. *Wal-Mart slips after earnings miss. Wal-Mart Stores Inc, the world's largest retailer and a barometer of consumer spending, fell 2.5 percent to $77.86 in premarket trade after posting a quarterly profit that missed Wall Street expectations, with sales down 1.4 percent at U.S. stores open at least a year.
TOKYO, May 16- Japan's Nikkei stock average fell on Thursday, reversing from a fresh 5-1/ 2- year high earlier in the session, after banks offered downbeat earnings guidance and investors took profits in the face of doubts prompted by the breakneck speed of recent rises.
TOKYO, May 16- Japan's Nikkei stock average fell on Thursday, reversing from a fresh 5-1/ 2- year high earlier in the session, after banks offered poor earnings guidance and as investors pocketed recent gains amid caution over market momentum.
Jonathan Brodsky, Portfolio Manager at Advisory Research, says there is a long-term trend of growth and opportunity in Japan.
Japan's Q1 growth beats forecasts. SYDNEY, May 16- Asian shares got off to a positive start on Thursday after data showed Japan's economy accelerated in the first three months of the year, in contrast to an enduring recession in the euro zone which was keeping the euro in the doldrums.
TOKYO, May 16- Japan's Nikkei stock average rose to a fresh 5 1/ 2- year high on Thursday on the yen's persistent weakness against the dollar and record highs for U.S. stocks overnight.
TOKYO, May 16- Japan's Nikkei stock average is expected to score fresh multi-year highs on Thursday on the yen's persistent weakness against the dollar and record highs for U.S. stocks overnight, but buyers may become more conservative given the rapid pace of recent gains.