Bullish case for investing in Japan.» Read More
*Canon says set to secure 76 percent of Axis. *Offer period extended to April 21. TOKYO, April 8- Canon Inc said it was extending the offer period for its proposed $2.7 billion takeover of Swedish video-surveillance firm Axis AB after falling short of its ownership goals, but stressed it would not be raising its bid.
TOKYO, April 8- Canon Inc said on Wednesday it was extending the offer period for its proposed $2.8 billion takeover of Axis AB until April 21, after it acquired 76 percent of the shares in the Swedish video-surveillance firm. The Japanese camera maker is aiming to take full control of Axis, but hedge fund Elliott Management has complicated the bid after it raised...
Central banks are the key theme in Asia on Tuesday, with equities in the region largely in positive territory.
Exchange-traded funds have surged in popularity in 2015, but it's not U.S. equities that are leading the charge.
Asian stocks advanced amid choppy trade on Friday as traders looked ahead to the release of the closely-watched U.S. jobs report.
Chinese shares outperform the region as data suggesting a sluggish economy fueled hopes of more monetary stimulus measures.
STOCKHOLM/ TOKYO, March 31- Hedge fund Elliott Management has raised its stake in surveillance camera maker Axis AB, a disclosure notice showed, possibly putting pressure on Japan's Canon Inc to sweeten its 23.6 billion crown takeover bid. Canon, the world's leading camera maker, in February launched a friendly offer to buy Axis shares to expand in the...
Retail technology venture capitalist Kyle Fugere offers up three business models disrupting retail as we know it.
Equity markets in Tokyo and Shanghai outperformed the region to scale fresh multi-year highs on Monday, drawing strength from a strong finish on Wall Street last week.
Thailand's economy is at risk as electronics manufacturers ditch the country's outdated facilities for cheaper alternatives in neighboring countries.
BANGKOK, March 19- Next month the last batch of televisions will roll off the production line at LG Electronics' plant in Thailand's Rayong province, just east of Bangkok. The move is part of a downward trend for Thailand's once-booming electronics industry, that is struggling to find a foothold in the global supply chain for modern technology like smartphones...
Asian stocks rose on Tuesday, with markets in Tokyo, Shanghai and Seoul ending the session at new highs.
Asian shares rose on Thursday, boosted by better-than-expected Australian jobs data from Australia and a surprise rate cut in South Korea.
Asian equities were lower across the board on Wednesday, pressured by a plunge on Wall Street overnight and as a string of China data fell short of expectations.
TOKYO, March 11- Japan's Nikkei share average rose on Wednesday, with better-than-expected machinery orders offsetting the downdraft from weaker U.S. markets, which fell on growing views that the Federal Reserve may raise rates as soon as June. "The market started to worry about side effects from a further slide in the yen," said Hiroichi Nishi, general manager at...
Key bourses in Asia nursed losses on Tuesday, as a mixed bag of Chinese inflation data offset a positive lead from Wall Street.
Asian shares largely rose on Friday, supported by a stronger close on Wall Street overnight, with Japanese and South Korean markets scaling fresh highs.
Asian stocks traded mostly lower on Thursday as China set its gross domestic product (GDP) growth target at 7 percent for 2015.
Indian shares led gains in Asia Wednesday after a surprise rate cut by the Reserve Bank of India, while the rest of the region traded mixed.
TOKYO, March 3- Canon Inc Chief Executive Fujio Mitarai said the company had both the funds and willingness for more acquisitions this year, even after a planned 23.6 billion-Swedish-crown takeover of network video surveillance leader Axis AB. Asked about Canon's offer for Axis, which represented a premium of nearly 50 percent to the share price prior to the...