*Share markets in China, Hong Kong, Australia skid. *Uncertainty on Greece keeps investors hopeful but wary. TOKYO, May 28- An index of Asian shares fell on Thursday as the Chinese, Hong Kong and Australian markets slipped, while the dollar scaled its highest level against the yen since 2002 on expectations the U.S.» Read More
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.
Daryl Guppy, CEO, Guppytraders.com looks at Nymex versus Brent crude, and finds that there is convergence in the trading behavior, but not in prices.
Nick Ferres, Investment Director, Global Asset Allocation, Eastspring Investments says Japan has huge operation leverage and believes the Nikkei has room to further gain since it's been trading below valuation.
Daryl Guppy, CEO, Guppytraders.com charts the Nikkei 225 while Tony Nash, Managing Director, IHS discusses the outlook for Japanese manufacturers and its investment focus in Southeast Asia.
Alastair Newton, Senior Political Analyst, Nomura says that even if the LDP wins next month, it will still have trouble pushing through any laws to change the BOJ as Abe will not have a majority in the upper-house, and will need a 2/3 majority in the diet.
If your returns in fixed income look a little lean, adding currencies to your portfolio can generate more cash without a lot of risk.
In the last four months, China has forged an aggressive, more nationalistic posture in Asia that may set the tone for the expected decade-long tenure of Xi Jinping, the presumptive new leader of China, analysts and diplomats say. The New York Times reports.
The Obama administration plans to file a broad trade case at the World Trade Organization in Geneva on Monday accusing China of unfairly subsidizing its exports of autos and auto parts, a senior administration official said late Sunday, in a move with clear political implications for the presidential elections less than two months away.
As Apple prepares to unveil the latest iPhone this week, the company’s manufacturing partner in China, Foxconn Technology, is coming under renewed criticism over labor practices after reports that vocational students were being compelled to work at plants making iPhones and their components. The NYT reports.
As evidence has mounted that the economy is slowing, Beijing has kept the world on tenterhooks, delivering none of the big stimulus measures many analysts have predicted.