Japanese Stock Market News
This is the category page for all Japanese Stock Market news here on stocktrader.org.uk...
Japanese firms in China see shares fall as protests continue
Storey Link: Japanese firms in China see shares fall as protests continue
Protests in China sparked by Japan’s decision to buy a group of Islands China claims it already owns has seen share prices of Japanese companies operating in China fall on the Nikkei in Tokyo. Japanese firms have taken the decision to suspend operations at factories in China as many fear the protests could get worse.
Nissan Motors has...
Sharp shares tank as losses grow
Storey Link: Sharp shares tank as losses grow
Sharp, the Japanese electronics manufacturer, has seen the value of its stock drop to a 37-year low as analysts fear the firm’s financial losses will grow. Sharp has predicted that its full-year losses will total 100 billion yen.
However Goldman Sachs has forecasted that the figure will be closer to 150 billion yen. Deutsche Securities...
Stock markets down in Asia
Storey Link: Stock markets down in Asia
Stocks are down across Asia as Japan reports a slowdown in growth and China announces exports have not grown as expected. For the quarter ending in June this year the Japanese economy grew by a disappointing 1.4 per cent because of a strong yen and the continuing economic crisis in Europe.
Japan’s growth was down from the previous...
Share prices down in Asia following interest rate cuts
Storey Link: Share prices down in Asia following interest rate cuts
A decision by the central bank of South Korea to slash interest rates has resulted in a share price drop across Asia. The shares index of the South Korea Kopsi fell by 2.2 per cent as interest rates were reduced from 3.25 per cent to 3 per cent. The decision has caused analysts to suspect that the economic situation in the country has...
Shares up in Asia for the start of the third quarter
Storey Link: Shares up in Asia for the start of the third quarter
The start of the third quarter of the year has been greeted by a rise in share prices in Asia. The lift comes on the back of an agreement in Europe that leaders will shore up the zone’s banks. However, some early gains by the euro were lost as concerns persisted over the continuing debt crisis.
Following a surge of 2.7 per cent on...
Tesco to exit Japanese market
Storey Link: Tesco to exit Japanese market
The United Kingdom supermarket group Tesco will be exiting Japan in a double-stage process, in which it will first sell off 50 percent of its Tesco Japan subsidiary company to Aeon, the nation’s second-biggest retail group.
Prior to its eventual departure from the business, Tesco plans to invest £40 million in this joint venture. No...
Record low shares for Japanese chipmaker Renesas
Storey Link: Record low shares for Japanese chipmaker Renesas
Amid reports that it will cut jobs to increase profits, Japanese chipmaker Renesas is seeing its shares drop to a record low. Newspaper reports and analysts say that Renesas will attempt to raise 100 billion yen (£828 millio; $1.3 billion), sell off some units and cut over 10,000 jobs.
Renesas produces chips used in automobiles and is...
Myanmar stock exchange prepared by Tokyo
Storey Link: Myanmar stock exchange prepared by Tokyo
As reported by the BBC, Myanmar is to have a new stock exchange, as Daiwa Securities and the Tokyo Stock Exchange received preliminary authorization to help establish it.
A Daiwa spokesperson says it will work with Myanmar’s central bank to set up the exchange before 2015. Myanmar, formerly known as Burma, is seeking to lure more...
Japan stocks fall in 7th day
Storey Link: Japan stocks fall in 7th day
As reported by the BBC, Japanese stocks dropped for the seventh session in a row as new fears about the health of the global economy initiated a global sell-off.
Shedding 0.8% was the Nikkei 225 index, while Australia's ASX 200 and Hong Kong's Hang Seng also dropped by 1%. Worries about the EU debt crisis and the American economic recovery...
Olympus loses 33bn-yen
Storey Link: Olympus loses 33bn-yen
As reported by the BBC, Japanese camera-maker Olympus has announced a loss in profits during the nine months before 31 December 2011, while it still disputes an accounting scandal. The company saw a 33.09 billion yen loss during the period, which compares to the 5.84 billion yen profit during the same period in 2010.
Olympus has confessed...