A sudden swell in China's exports of gold and jewelry may signal a resurgence of speculative currency inflows through inflated trade receipts.» Read More
Hopes abound that mom-and-pop gamblers will sweep into Macau and save the day, but it isn't clear they can replace the VIPs who are staying away.
TOKYO, Nov 4- Japan's Nikkei share average hit a seven-year high on Tuesday as investors gave a thumbs up to the Bank of Japan's unexpected move to ease policy further and the public pension fund's reallocation of assets to switch more funds to domestic stocks. Turnover at the Tokyo Stock Exchange's main board hit 5.4 trillion yen, the second highest on record.
TOKYO, Nov 4- Japan's Nikkei share average hit a seven-year high on Tuesday as investors gave a thumbs up to the Bank of Japan's unexpected move to easy policy further and the public pension fund's reallocation of assets to swtich more funds to domestic stocks. Financial and real estate shares outperformed the market, with Daiwa Securities surging 12.3 percent.
Japan stocks have been on fire since the BoJ's fresh stimulus, raising questions over whether the rally is sustainable beyond short-term euphoria.
*Honda shrugs off U.S. regulator probe. TOKYO, Nov 4- Japanese stocks jumped to a seven-year peak on Tuesday, as investors lapped up a set of positive catalysts including an unexpected central bank move to ease policy further and a reallocation of funds to domestic stocks by the public pension fund. Also on Friday, Tokyo confirmed that the Government Pension...
The BoJ's stimulus blitz raises the specter of currency wars as a rapidly weakening yen threatens the competitiveness of export-driven economies.
TOKYO, Oct 31- Japanese stocks soared to levels before the global financial crisis on Friday, after the Bank of Japan stunned markets by easing policy further in a move prompted by slow inflation after an April tax hike dented economic growth. The central bank decided to increase the pace at which it expands base money to about 80 trillion yen per year, up from a...
Everyone wants a piece of India's booming online retail sector, but for those without billions to spare, the best bet may be the delivery men.
Asian equity markets followed their U.S. peers higher on Wednesday ahead of the Federal Reserve's policy statement.
Industrial production rose by 2.7 percent in September, the fastest pace since January, easing some concerns about Japan's factory activity and the broader economy. Japan's largest investment banking and securities group Nomura Holdings was boosted by better-than-expected earnings. Shares in the firm soared 5 percent after its second quarter net profit...
Japanese telecommunications and internet giant Softbank Group announced on Tuesday that it invested $627 million in Indian online retailer Snapdeal.
As fears grew over a widening Ebola outbreak, it was an unlikely company to which the world turned for help: Fujifilm. The Financial Times reports.
The Indian government announced two important fuel reforms over the weekend, a signal of PM Narendra Modi's commitment to tough economic reforms.
For a country trying to avoid the menace of deflation, South Korea is receiving timely help from unusual quarters - its landlord and their tenants.
Mounting concerns over global growth led to heavy declines in global stock indices over the past month, but the Shanghai Composite bucked the trend.
The dollar fell to a three week-low against the yen on Tuesday, retracing most of its gains posted last week.
Asian stocks dropped on Thursday following a weak U.S. lead and continued unrest in Hong Kong, while investors await the European Central Bank's policy meeting.
A fat-fingered trade sent a spasm through Japan's stock market on Wednesday, the Financial Times reports.
NEW YORK, Oct 1- After spending two years developing a wide-ranging communications tool for Wall Street, Goldman Sachs Group Inc says it has reached the perfect pitch.
While Hong Kong protesters brave tear gas to battle for democratic ideals, stock traders are lining up bets on how to make money on the turmoil.