Equities

Indonesian shares get muted bump from rosy economic reports

JAKARTA -- Indonesia's stock market rebounded only slightly on Monday despite positive reports on the country's economy, with investors reluctant to make big moves until incoming president Joko Widodo's economic policies are revealed. The Jakarta...

  • Silent investors start putting brakes on Japan Inc.'s solo navigation

    TOKYO -- Going against their stereotypical image of being "silent investors," many Japanese institutional investors voted against various proposals submitted at shareholders meetings in June, according to a survey by ICJ, the operator of the electron...

  • Japan's pension giant boosts stock portfolio

    TOKYO -- Japan's Government Pension Investment Fund increased the proportion of domestic stocks in its portfolio by 0.9 percentage point in the April-June quarter to 16.8%, as it quickens its shift toward riskier assets. The public pension fund e...

  • Indian, Sri Lankan stocks rising on hopes for economic reform

    TOKYO -- Indian and Sri Lankan stocks are riding high, buoyed by expectations that stable governments in both countries will spur economic growth. Sri Lanka's Colombo Stock Exchange All-Share Index has risen nearly 20% this year, and was hovering...

  • Japan not on board with China's 'through-train' stock plan

    HONG KONG -- Many Japanese brokerages will likely pass on the initial opportunity to participate in China's "through-train program," which will allow mutual stock market access between mainland China and Hong Kong from Oct. 13 at the earliest. Th...

  • Investors counting on another dose of Abenomics for fall rally

    TOKYO -- As the Japanese stock market remains top-heavy amid worries over the impact of April's sales tax hike, hopes are growing that another round of policy stimulus will revitalize the market in September. The Nikkei Stock Average has been hov...

  • Reform hopes underpin oil, utility stocks in Shanghai market

    HONG KONG -- As profit-taking kept the Shanghai Composite Index under downward pressure again Tuesday, stocks of utility and petroleum companies fared relatively well, bolstered by hopes for reform at such state-owned enterprises. Shares of China...

  • For Japanese stock market, it's 8% ROE or nothing

    TOKYO -- With the overall Tokyo stock market not rising as much as many investors have hoped for, many are avidly hunting for attractive individual issues. In fact, 220 issues, or 6% of all companies listed on the Tokyo Stock Exchange, hit new highs ...

  • Investors giddy over Shanghai-Hong Kong trading mechanism

    HONG KONG -- A mutual stock investment system linking exchanges in Shanghai and Hong Kong will be officially launched in mid-October. There are mounting expectations that the system will make China's stock markets more attractive to investors both at...

  • Japan stocks may repeat 2005 bull run

    TOKYO -- Japan stocks are showing a firm floor, but their upside will be limited, according to most market players. Although forecasts based on current trends could prove incorrect, domestic stock prices seem to be a good gauge of the economy's futur...

  • Investors hot for Indian e-commerce stocks

    SINGAPORE -- Resource, finance and infrastructure-related shares have been the main beneficiaries of the hopes for reform riding on Prime Minister Narendra Modi's new government. But online retailers, poised to reap the growth in urban consumer s...

  • Japan's automakers, electronics companies rank high in pretax profit

    TOKYO -- Listed companies in Japan saw average pretax profits rise 2% on the year in the April-June quarter, despite April's consumption tax hike. Automakers and consumer electronics companies were among the top performers in a Nikkei pretax profit r...

  • Global share issues hit record $481B in January-July

    TOKYO -- Global share issues hit a record high of over $480 billion between January and July. U.S. venture capital companies and Chinese businesses have been particularly aggressive in securing funds for growth, encouraged by high stock prices. M...

  • Abe government fixated on stock prices -- for good reasons

    TOKYO -- Japanese Prime Minister Shinzo Abe is seeking to keep stock prices as high as possible, as his government attempts to stay in power for the long term and overcome difficult policy challenges. Stock prices are widely seen as a key factor that...

  • 'New Big Three' stocks gaining unusually strong momentum

    TOKYO -- "Dragon," "Wizard" and "Monster" are dominating the stock market in Japan these days. The three are the titles of popular smartphone games, and stock trading involving their makers is gaining unusually strong momentum.Successive limit ri...

  • Retail investors flocking to small-caps in Tokyo

    TOKYO -- Investment is flowing into companies with smaller market capitalizations on the Tokyo Stock Exchange as individuals shy away from larger-cap shares amid uncertainty abroad. With investors buying broadly on Monday, 127 stocks on the TSE's...

  • Indonesian coal shares starting to heat up

    JAKARTA -- Indonesian coal stocks weakened by a soft international market are showing signs of bottoming out on expectations of stronger domestic electricity demand. The Indonesia Stock Exchange's mining index has climbed 11% since the end of las...

  • OCBC rights issue to fund expansion through Hong Kong

    SINGAPORE -- Oversea Chinese Banking Corporation (OCBC), Southeast Asia's second largest bank and Singapore's oldest, announced on Monday a rights issue of 3.3 billion Singapore dollars ($2.65 billion) to finance its acquisition of Wing Hang Bank in ...

  • New breed of individual stock investors emerging in Japan

    TOKYO -- Interest among individuals in securities investment is growing in Japan at a time when the nation's economy appears to be about to pull out of deflation at last. A 27-year-old worker at Keisen University in Tokyo began to invest 20,000 y...

  • Southeast Asian stocks strong on solid economies

    TOKYO -- Southeast Asian stocks have remained robust lately, with the Stock Exchange of Thailand's benchmark index hitting a year-to-date high Friday and the Philippine Stock Exchange composite index rising to its highest point in 14 months on Thursd...