Asian bourses largely rose amid thin post-Christmas trading, as markets in Australia, Hong Kong, Indonesia and the Philippines remain shut.» Read More
Among the major automakers, only Ford Motor Co and Toyota Motor Corp beat analysts' estimates. Honda Motor Co said July sales tumbled 8 percent to 135,908. It was the only one of the top car companies to cut incentives from June to July, with per-vehicle discounts averaging $1,754, according to research firm J.D. Power.
TOKYO, Aug 1- Japan's Nikkei share average dropped on Friday morning after U.S. shares languished on concerns that interest rates could rise sooner than expected, but strong earnings from Sony Corp and Panasonic Corp limited the losses.
*Subaru maker Fuji Heavy's operating profit margin at 13 pct. TOKYO, July 31- Japanese automakers Mazda Motor Corp and Fuji Heavy Industries Ltd, which makes Subaru cars, said they are on track for record full-year profits after strong sales in the United States powered double-digit profit growth in April-June.
Changing your mind about a purchase can be expensive—particularly if it's a big-ticket item.
Asian equity markets were mostly higher on Wednesday ahead of key risk events in the United States.
TOKYO, July 30- Japan's Nikkei share average rose for a fourth day in choppy trade on Wednesday, as strong corporate earnings led by Honda Motor Co and Tokyo Electron Ltd eclipsed weak industrial output data. The Nikkei ended 0.2 percent higher to 15,646.23, the highest closing price since Jan. 23.
TOKYO, July 30- Japan's Nikkei share average edged up to hover at six-month highs in choppy trade on Wednesday morning, as strong corporate earnings led by Honda Motor Co and Tokyo Electron Ltd eclipsed data showing weak industrial output.
Some of Tuesday's midday movers:
*Honda's N.American Q1 operating profit down 6 pct. Honda said its Mexico plant, which makes the Fit subcompact, was hit by delays as it adopted new manufacturing techniques, but the company kept its full-year U.S. sales targets unchanged and said volumes would get back on track.
TOKYO, July 29- Honda Motor Co's April-June operating profit rose 7.1 percent from a year earlier to 198.04 billion yen, beating analyst estimates, boosted by cost cuts and strong sales of the remodelled Fit in Japan.
YOKOHAMA, Japan, July 28- Nissan Motor Co Ltd aims to boost sales and profitability in the United States, its biggest market, an executive said, after Japan's No.2 automaker posted a 14 percent rise in quarterly U.S. sales, closing in on rival Honda Motor Co.. It surpassed Hyundai Motor Co and is closing in on Honda, whose sales fell 0.8 percent during the same period.
Investors are paying close attention to this reporting season which will give insights into how profitability is holding up following the tax hike.
Japan will be the market to watch this week on the back of key data and as earnings season in the world's third-largest economy kicks into full gear.
*Volume may be low as market focused on China survey, Japanese earnings. TOKYO, July 24- Japan's Nikkei share average edged up on Thursday morning as the slightly weakening yen supported sentiment, but geopolitical worries over Ukraine and Gaza kept activity in check.
TOKYO, July 23- Japan's Nikkei share average edged down in choppy trade on Wednesday as investors sought to avoid geopolitical risk such as the Gaza crisis, dragging down index-heavyweight SoftBank Corp and exporters such as Honda Motor Co. The Nikkei ended 0.1 percent lower to 15,328.56.
*Ukraine tension eases but Gaza worries keep investors risk averse- analysts. TOKYO, July 23- Japan's Nikkei share average was flat on Wednesday morning as investors avoided risk due to geopolitical concerns in the Gaza Strip, which offset upbeat sentiment from gains in U.S. and European markets overnight.
*Profit $1.18/ shr vs est $1.09/ shr. The company, which gets most of its revenue from the sale of luxury and mid-line cars made by BMW, Mercedes-Benz and Honda, said it sold 13 percent more luxury cars at stores opened for at least a year.
In the Gaza Strip, Israeli jets, tanks and artillery continued to pound Gaza as the death toll from a two-week conflict topped 500. Malaysia has reached an agreement with the leader of the separatist group to retrieve the bodies of the victims from last week's downing of a Malaysia Airlines passenger jet as well as the plane's two black boxes, Malaysian Prime Minister Najib Razak said on Tuesday.
*Takata could face more costs if car makers expand air bag recalls. TOKYO, July 18- Takata Corp said on Friday it would book a special loss of around 45 billion yen in the April-June quarter after several car makers recently recalled vehicles due to potential problems with its air bags.
TOKYO, July 18- Japan's Nikkei share average dropped to a one-week low on Friday morning and posted its biggest one-day fall in two months as investors turned risk averse on news that a Malaysian Airlines passenger jet was shot down near the Ukraine- Russia border.