The Shanghai Composite rallied over 1 percent on Thursday as investors cheered news of easing regulations while Japan's Nikkei index closed off its five-and-a-half year peak after data showed that capital spending fell for a fifth straight month.
The Shanghai Composite rallied over 1 percent on Thursday as investors cheered news of easing regulations while Japan's Nikkei index closed off its five-and-a-half year peak after data showed that capital spending fell for a fifth straight month.
Shinzo Abe's economic policies may be aimed at bolstering Japan's manufacturing groups, but the country's banks are suffering an Abenomics ordeal. The Financial Times reports.
Japan's banking titans are hiring Spanish-speaking bankers to win new business in Latin America and handing out loans to junk-grade borrowers in the United States as they probe deeper overseas.
The U.S. government has launched a civil lawsuit against Standard & Poor's over mortgage bond ratings, the first federal enforcement action against a credit rating agency over behavior tied to the recent financial crisis.
Sharp rebounded to a third-quarter operating profit on Friday, improving the bailed-out consumer electroncs maker's chances of convincing lenders and shareholders that it is a viable company.