One year after Thailand's coup, politics may have stabilized, but investors are cautious amid doubts over when the military junta might relinquish power.» Read More
Asian stocks mostly advanced on Thursday despite data showing China's factory activity at a one-year low.
TOKYO, Apr 21- Japan's Nikkei becnhmark stock index closed 0.3. percent higher, having touched a 15- year intra-day high in morning trade, as investors bought large-cap and securities shares seen as undervalued and presenting strong earnings prospects. The Nikkei ended at 20,187.65, and off an the early high of 20,252.12. Japan Tobacco Inc soared 5.3 percent,...
*NTT Docomo hits 11- year high. TOKYO, Apr 23- Japanese stocks rose on Thursday as investors sought to pick up stock seen as undervalued and presenting positive earnings prospects, with the likes of Nomura Holdings and large cap Japan Tobacco surging on strong demand. Large-cap Japan Tobacco Inc was Tokyo's biggest gainer, climbing 4.8 percent.
Asian stocks traded higher across the board on Wednesday, with bourses in Japan and Shanghai closing at new multi-year highs.
*Next target for Nikkei seen at April 2000 peak around 20,830. TOKYO, April 22- Japanese shares rose to fresh 15- year highs on Wednesday as foreign investors snatched up financials and other large cap shares, believing them to be undervalued. Nomura Holdings rose 4.1 percent while Daiwa Securities Group gained 3.9 percent.
Even brands that are part of our cultural landscape cannot withstand the test of time. Here's some that vanished over the last 25 years.
Reforms of Indonesia's easily-sidestepped luxury property taxes may be on ice, but the taxman is likely still coming for the wealthy, analysts said.
NEW YORK, April 9- A lawyer for Nomura Holdings Inc argued on Thursday that a U.S. regulator relied on "voodoo science" to pursue claims that the bank made false statements in selling $2 billion in mortgage-backed securities to Fannie Mae and Freddie Mac. David Tulchin, Nomura's lawyer, urged a Manhattan federal judge to reject the Federal Housing Finance Agency's...
TOKYO, April 8- Tokyo's benchmark index edged up to near 15- year highs on Wednesday after Japanese retail investors ploughed a sizable amount of cash into new stock mutual funds. Further underpinning the mood was talk the Bank of Japan could step up its asset purchase programme as part of its efforts to drive up inflation towards its 2 percent target, although...
Choose the strongest of the group. "Mad Money" host Jim Cramer wants you to know now’s the time to drive into this stock.
Despite hopeful local media reports and a weaker yen, Japanese companies won't be moving their factories back home anytime soon, analysts say.
Chinese shares outperform the region as data suggesting a sluggish economy fueled hopes of more monetary stimulus measures.
His testimony came as the defense sought to show that any losses Fannie Mae and Freddie Mac suffered on the $2 billion in securities at issue were caused not by any false statements the banks made but by the collapse in the housing market. Mudd, who left Fannie Mae in 2008 following its government takeover, told a lawyer for Nomura that macroeconomic factors,...
China’s most recent effort to prop up its real estate market is not enough, and interest rate cuts are the best remedy, analysts say.
Armed with fresh data, Indonesia's taxman is banking on a huge revenue jump after years of tax collection shortfalls, but analysts aren't convinced.
But a U.S. regulator cited the email as evidence that Nomura Holdings Inc and RBS made false statements about mortgage securities they sold to Fannie Mae and Freddie Mac. The FHFA's case is the first to reach trial out of 18 lawsuits the regulator filed in 2011 over some $200 billion in mortgage-backed securities that various banks sold Fannie Mae and Freddie...
When little-known Chinese taxi-hailing app Didi Dache needed $15 million to grow its business, China Renaissance helped raise the funds from Tencent.
HONG KONG, March 25- When little-known Chinese taxi-hailing app Didi Dache needed $15 million to grow its business two years ago, a local upstart investment bank stepped in to help it raise the funds from social networking giant Tencent Holdings Ltd.. Didi tapped Bao to put together the deal, sidestepping Wall Street heavyweights like Goldman Sachs and Morgan...
China's economic slowdown has pushed policy makers toward stimulus measures, spurring concerns over whether long-sought reforms may falter.
Shares in Nintendo powered up on the news the gaming company is into smartphone games.