HONG KONG— World stock markets mostly drifted lower Friday ahead of Greece's weekend austerity referendum, while China's main stock benchmark plunged as much as 7 percent as government market stabilization measures failed to reassure panicky investors. Britain's FTSE 100 edged 0.1 percent lower to 6,622.15. The government says a "No" vote will put it in a...» Read More
Steve Brice, Chief Investment Strategist at Standard Chartered Wealth Management Group, explains why it will be difficult to get Japanese corporations to invest overseas.
The bumper run in Japanese equities is just getting started, according to investment strategists, who expect larger gains ahead.
Asian equities could deliver gains of 20 percent by the end of the year, according to HSBC.
Daryl Guppy, CEO at Guppytraders.com says investors should watch for initial consolidation in the yen and the Nikkei. He then expects the yen to reach parity and the Nikkei to hit 13,500.
The Japanese government said today that a research team has successfully extracted natural gas from methane hydrate, or "burnable ice". The resource poor country looks to take advantage of this discovery. The Nikkei's Sachiko Kishida has more.
Optimism over Prime Minister Abe's radical economic policies combined with a rapidly weakening yen pushed the Nikkei past the 12,000 mark for the first time in 4 1/2 years. The Nikkei's Yukako Ono reports.
Uwe Parpart of Reorient Financial Markets breaks down why he thinks many investors in Japan are still underweight the market. He believes the Nikkei could gain another 30%.
Japanese electronics maker Sharp signed an $111 million lifeline from Korean rival Samsung to raise much needed cash. In return, Samsung will receive a 3% stake in Sharp. The Nikkei's Sachiko Kishida has more.
CNBC's Adam Bakhtiar looks at shares of Japan's Fast Retailing for the daily 'Stock in 60 Seconds' segment as the stock hit an all-time high after reporting February same-store sales jumped nearly 10 percent.
Peter Elston, Head of Asia Pacific Strategy & Asset Allocation at Aberdeen Asset Management says Japanese companies are not shareholder friendly and that returns on capital are miserable.
Francesco Filia, CEO & CIO of Fasanara Capital, going long Nikkei and short yen, as the rally in the Nikkei is going to be purely nominal, offset more than proportionally by the devaluation of the yen.
As the Nikkei 225 scales a 33-month high, investors risk getting burnt as analysts warn of a correction.
Analysts warned against expecting a further drop in the yen even as it continued its slide against the dollar on Monday after global finance ministers at the weekend avoided directly criticizing Japan for pursuing policies that have led to significant weakness in its currency.
Shares in Japan Prologis REIT, a real estate investment trust set up by the world's largest owner of industrial buildings, soared more than 20 percent in their Tokyo market debut on Thursday. The strong start for the $1 billion initial public offering (IPO) is a sign that Asia's IPO market is getting its buzz back, analysts say.
Strong sales has resulted in Toyota having to revise its annual net profit forecast by more than 10 percent to $9.3 billion, almost tripling last fiscal year's net profit. The Nikkei's Sachiko Kishida reports.
Japan's finance minister, Taro Aso, suggested in a budget speech that recent yen levels are still not low enough to help ailing exporters. The Nikkei's Nozomu Kitadai reports.
Tim Condon, Head of Research, Asia, ING Financial Markets says that bear markets like the Nikkei can touch new highs, once a recovery is in place.
Tai Hui, Chief Asia Pacific Strategist, J.P. Morgan Funds says there is plenty of fuel in the Nikkei to create a rally, but Japan's fundamentals are not convincing enough for him to invest in the market.
Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital Investors thinks the BOJ will adopt a 2% inflation target and introduce quantitative easing. He says the yen will continue to fall 10-20%, while the Nikkei will outperform this year.
Japan is sitting on a debt time bomb and recent moves to push the central bank to target inflation have made it more likely the bomb will explode in the next 24 months, hedge fund manager Kyle Bass told CNBC.