Asian stocks declined on Wednesday following a weak handover from Wall Street and as investors showed little reaction to news of a U.S. budget deal.» Read More
TOKYO, Nov 7- Japan's Nikkei share average was flat on Thursday as investors searched for fresh trading opportunities after the recent flurry of earnings, while small cap stocks rose after the Tokyo bourse said it will include them in a new index.
TOKYO, Nov 6- Toyota Motor Corp is closing in on a record profit set before the Lehman crisis after topping up its annual net profit forecast by nearly $2 billion and outperforming Japanese rivals as its expansion plans bear fruit.
TOKYO, Nov 6- Toyota Motor Corp raised its annual profit forecast on Wednesday, closing in on records set before the Lehman crisis as the weaker yen and growing sales in a healthy U.S. market sharply boost earnings.
Japan's benchmark index outperformed on Wednesday while the rest of Asian shaares were subdued as investors awaited direction from central banks.
TOKYO, Nov 6- Mitsubishi Motors Corp laid out plans to boost production and profit by about one-third over three years with a focus on emerging markets as it turns the page on a decade-long revival campaign.
TOKYO, Nov 6- Japan's Nikkei average rose, driven by gains in Toyota Motor Corp after the automaker lifted its earnings guidance, while companies that have been battered after disappointing earnings also bounced.
James Chao, Director, Asia Pacific at IHS Automotive Consulting, talks about the current state of Japanese automakers, and says Toyota's fundamentals are pretty positive.
*Fast Retailing hits 2- month low after Uniqlo Oct sales down Y/Y. TOKYO, Nov 6- Japan's Nikkei average held steady on Wednesday as a fall in Fast Retailing Co Ltd after weak October sales offset gains in companies rebounding from a recent battering on the back of disappointing quarterly earnings.
Despite beating the street by a penny and reporting earnings that were above estimates, Tesla shares were slammed in after-hours trading.
*BMW hits autos, insurers knocked by RSA outlook. Autos were led lower by BMW, which dropped 2.9 percent after the German carmaker said quarterly profit at its auto unit fell more than expected, hurt in part by price discounts in core European markets.
*BMW hits autos, insurers knocked by RSA outlook. Autos were led lower by BMW, which dropped 2.6 percent after the German carmaker said quarterly profit at its auto unit fell more than expected, hurt in part by price discounts in core European markets.
As Tesla shares soared, so did chatter of the electric car company reporting third-quarter earnings that might top initial estimates.
Niranjan Thiyagarayan, automotive and transportation consultant at Frost & Sullivan, remains positive on BMW despite a slight slip the previous quarter because of the group's big R&D investments.
MOSCOW, Nov 5- Russia's largest carmaker Avtovaz has appointed former General Motors Co. executive Bo Andersson as its first foreign boss. Andersson replaces Avtovaz chief executive Igor Komarov, who has run the company since 2009. Komarov is leaving to join Russia's space agency.
Asian stocks closed out Tuesday mixed in choppy trade as investors focused on central bank statements and awaited key U.S. economic data.
TOKYO, Nov 5- Japan's Nikkei average edged higher on Tuesday, ending a two-day losing run as gains made by companies such as farm equipment maker Kubota Corp after lifting earnings forecasts countered Nissan Motor Co Ltd's plunge on weaker guidance.
*Nissan cuts guidance, sags as much as 11.6 pct to 7- mth low. TOKYO, Nov 5- Japan's Nikkei average stabilised on Tuesday after two days of losses as gains made by companies such as farm equipment maker Kubota Corp after lifting earnings forecasts countered Nissan Motor Co Ltd's plunge on weaker guidance.
Nissan Motor shares plunged 9 percent in early trade Tuesday after cutting its profit forecast. Tokyo bureau chief Kaori Enjoji reports.
TOKYO, Nov 5- Shares of Nissan Motor Co Ltd dropped as much as 11.6 percent to a seven-month low of 850 yen on Tuesday morning after the automaker cut its annual net profit estimate amid a slowdown in emerging markets and quality issues. The stock was the third-most traded on the main board by turnover.
Koji Endo, Managing Director, Advanced Research Japan, says doubts are emerging over Nissan's ability to execute its strategy. With Graeme Maxton, Fellow of the Club of Rome.