Japanese investors were giddy with excitement as positive earnings reports and the announcement of a major merger flooded the news. The Nikkei 225 advanced 1.1% on Friday, while markets in Hong Kong and China remained closed fo…
Impressive earnings reports for blue chip U.S. companies and a rise in U.S. manufacturing data bolstered markets across Asia.
Continue reading Asian Markets Follow U.S. Earnings Higher
Asian Mark…
Asian markets rose today with investors piling into oil companies as the price of oil passed the $100 a barrel mark. Hong Kong’s Hang Seng Index inched up 0.2%, the Shanghai Composite Index added 0.3%, and Japan’s Nikkei 225 I…
Continuing unrest in Egypt sent shock waves through stock markets as far away as Japan, where the Nikkei 225 Index fell 1.2%. Hong Kong’s Hang Seng Index also dropped 0.7%. In China the Shanghai Composite Index climbed 1.4%.
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Last year’s massive recalls — and the resulting legal fallout — have given Toyota’s reputation a beating, cutting into its sales. But the company can’t blame all of its problems on the recalls. Analysts also point to another …