Debates are raging over whether Japan needs charitable financial help to recover, but one way money has been flowing into the country is in the form of foreign purchases of Japanese stocks as investors snap up hammered shares.
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More bad news in Japan sparked profit taking today. Radioactive iodine has seeped into Tokyo’s drinking water and new reports show that the surrounding seawater is also radioactive, which could lead to a ban on seafood if it do…
Markets in Hong Kong and China climbed Monday. Hong Kong’s Hang Seng Index rose 1.7% to 22,685 and China’s Shanghai Composite Index inched up 0.1% to end the day at 2,909. Japanese markets were closed today, taking a much-neede…
Japan’s Nikkei 225 Index advanced 2.7% on Friday, ending a turbulent week at 9,207. In Hong Kong the Hang Seng Index inched up 0.1% to 22,300 and in China the Shanghai Composite Index rose 0.3% to close at 2,907.
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Japan’s markets got a slight reprieve today as the yen slipped a bit after hitting a record high yesterday. While the lower value helped exporters recover from severe losses earlier in the trading session, the country has a lon…