Asian Stocks

Subscribe to this blog

YEN Soars! ASIA Tumbles! What About DJI?

Tags: Asian Markets, Japanese Yen, Toyota Motors, China Life Insurance Company, Chinese Stocks, Japanese Stocks, Asian Stocks, TM, LFC
5 Mar 6:18pm
Posted by asianstocks
0 Comments
Let's take a look into the crystal ball to see how the markets will fare for Monday.Not Good!Earlier today, the Japanese Yen soared to a three-month high against the US dollar, causing Japanese shares to tumble, and dragging down every other market across Asia. Chances are, this will trigger another sell-off around the world. And adding to this, I just don't know when we'd be able to see a bottom, especially if the US markets continue to fall, and the JapaneseYen continues to strengthen.What i...
Read the rest of this story

Japanese ADR Earnings

Tags: Mitsubishi UFJ Financial, Hitachi Ltd, Toshiba Corp., Nippon Telegraph & Telephone, Toyota Motor Corp., Japanese Stocks, NTT, TM, HIT, MTU
9 Sep 12:46am
Posted by asianstocks
0 Comments
Japanese big names have been reporting as well recently, some listed in the US as depository receipts.  Today Mitsubishi UFJ Financial Group (NYSE: MTU), Japan's biggest bank reported a decline in earnings, mainly attributed from bond losses.  This one will be dropping during our open hours after it closed down in Japan overnight.  Hitachi Ltd (NYSE: HIT) and Toshiba Corp., both large electronic corporations in Japan, also reported less than stellar results with numbers in the ...
Read the rest of this story

Japanese ADR Earnings: Update

Tags: Nippon Telegraph & Telephone Corp., NTT
9 Sep 12:45am
Posted by asianstocks
0 Comments
Nippon Telegraph and Telephone reported an 18.5 percent decline in profit for the first fiscal quarter to 144.7 billion yen (US$1.2 billion) from 177.6 billion yen (US$1.5 billion) the same period the previous year. The company ascribed the drop to the continuing declines in income from its fixed-line business as well from the costs it incurred in promoting its broadband Internet services, and its mobile operations. The company said its quarterly sales went up by 0.9 percent to 2.6 trillion ye...
Read the rest of this story

China Still Up N Running

Tags: US Economy, Chinese Economy, Indian Economy, World Bank
9 Sep 12:43am
Posted by asianstocks
0 Comments
The World Bank conducts various surveys on a periodic basis, from economic reforms to health-care spending to poverty cycles and more.  For the 16 months ending April 2006, one of the agency's survey showed that the People's Republic of China sped up in economic reforms, shifting their world ranking to 93 (from 108) out of 175 countries for the best place to do business.  China continues to rank third behind only the U.S. and the United Kingdom in terms of FDI inflow.  Just next...
Read the rest of this story

Indian Stocks Fall

Tags: Indian Stocks, Asian Stocks
18 Jul 1:20am
Posted by asianstocks
0 Comments
Indian shares dropped earlier today, pulling down markets across most of Asia (with the exception of Japan, and Korea, both closed for public holidays), mainly due to conflicts in the Middle East, causing fears of higher oil prices and interest rates, and of course, domestic terrorist violence, apparent from last week's train bombings.The Bombay Stock Exchange, the Sensex, fell over 3.6%, about 385 points to 10,293 points. All 30 shares tracked by the Sensex fell sharply, the National Stock Ex...
Read the rest of this story

Previous Entries