Asian stocks edged up from session lows on Tuesday, taking their cues from the mainland.» Read More
Martin Schulz, Senior Economist, Fujitsu Research Institute discusses the latest data from Japan's earnings season.
The yen's steep decline has burnished the outlook for Japanese stocks, prompting analysts to raise profit forecasts for currency-sensitive exporters and foreign investors to plough $17 billion into the market.
The Bank of Japan is set on Tuesday to unveil its most determined effort yet to beat years of economic stagnation, but the big challenge will be how to impress markets already pricing in a doubling of its inflation target and further asset buying.
Japan's Nikkei share average climbed to a 22-month high on its first trading day of 2013, as a deal in Washington to avert the "fiscal cliff" buoyed investor risk appetite and the weaker yen lifted exporters such as Toyota Motor Corp.
*Gold seen trading in $1,700- $1,740 range next week. SINGAPORE, Oct 26- Gold was a tad higher on Friday but heading for its third week of decline after shares inched lower in Asia, the U.S. dollar firmed, and fears about the health of the global economy lingered.
SINGAPORE, Oct 26- Gold was little changed on Friday, heading for its third week of decline after shares inched lower in Asia, the U.S. dollar firmed, and fears about the health of the global economy lingered. *Gold was steady at $1,712.18 an ounce by 0034 GMT.
TOKYO, Oct 25- Japan's Canon Inc cut its full-year earnings outlook and posted a weaker-than-expected quarterly profit as Chinese consumers began shunning Japanese products over a territorial spat, adding to corporate Japan's pain from a slowing global economy.
TOKYO, Oct 25- Japan's Canon Inc cut its full-year earnings outlook and posted a weaker-than-expected quarterly operating profit, hit by a weak global economy as the euro zone crisis drags on and a drop in Chinese sales as consumers boycott Japanese products.
*KDDI gains in heavy trade in spite of weak earnings. TOKYO, Oct 25- Japan's Nikkei average rose to a four-week closing high on Thursday, lifted by exporters as the yen weakened on growing expectations that the Bank of Japan would further ease monetary policy next week.
TOKYO, Oct 25- Japan's Canon Inc cut its full-year operating profit outlook nearly 10 percent to 356 billion yen on Thursday, hit by slow European demand and a suspension of production in China in September amid anti- Japan protests.
*Gree and DeNa up after Facebook surprises with mobile revenue. Japanese social gaming sites DeNa and Gree also gained in heavy trade after Facebook Inc said mobile advertising revenue had roughly tripled in the third quarter, reassuring investors who had feared revenues of web-based firms would be hit by the shift to smartphones from personal computers.
Exporters shed after a rally propelled by a weaker yen over the past week and a half, with automakers Toyota Motor Corp and Honda Motor Co down 1.3 and 1.4 percent respectively, and construction machinery maker Komatsu Ltd slipping 2.1 percent.
Oct 23- U.S. companies borrowed more in September than a year ago to finance new equipment, the most in any month since December, but global economic and policy uncertainties curbed spending, the Equipment Leasing and Finance Association said on Tuesday.
Electronics Corp for JPY 200 billion- NIKKEI. *The innovation network corp. of Japan to invest JPY 150 billion to acquire. *Toyota Motor Corp, Nissan Motor Co, Honda Motor Co, Denso Corp, Panasonic Corp, others to invest about JPY 50 billion combined-NIKKEI.
*Softbank slumps 17 pct, in talks to invest in Sprint Nextel. TOKYO, Oct 12- Japan's Nikkei share average slipped to a fresh two-month low on Friday, with Softbank Corp. tumbling 17 percent after the wireless service provider said it was in talks to invest in U.S. firm Sprint Nextel.
*Softbank slumps 16 pct, in talks to invest in Sprint Nextel. dropping 16 percent after it said it was in talks to invest in U.S. firm Sprint Nextel.
*Softbank slumps 15.3 pct, in talks to invest in Sprint Nextel. said it was in talks to invest in U.S. firm Sprint Nextel.
*Car parts maker Tokai Rika sags after Toyota recall. *KDDI climbs after J.P. Morgan lifts price target. TOKYO, Oct 11- Japan's Nikkei share average fell to its lowest close in more than two months on Thursday on mounting fears that upcoming corporate earnings will be weak after the U.S. results season got off to a slow start.
*KDDI climbs after J.P. Morgan lifts price target. TOKYO, Oct 11- Japan's Nikkei average fell to its lowest in two months on Thursday, losing ground for a third straight day on mounting concerns that upcoming quarterly corporate earnings will be weak after the U.S. results season got off to a slow start.
Oct 9- Clover Technologies Group:. *Clover technologies group announces settlement with Canon. *Clover technologies group- the terms of the settlement are confidential.