Equities

Political concerns cap election bounce on Indonesian bourse

JAKARTA -- Indonesian share prices rose slightly Wednesday, the day after the capital's popular governor was declared the country's next president following a vote this month. Election commissioners said Joko Widodo received 53.15% of the vote. W...

  • Analyst optimism may prod smartphone-related companies to revise conservative forecasts

    TOKYO -- Companies facing an uncertain business environment often make cautious earnings forecasts that fall well below those made by securities analysts working from their own data. Currently, the gap is particularly wide for businesses related to c...

  • China's big property stocks stand to gain from industry shakeout

    HONG KONG -- Lifted by real estate and financial shares, the Hang Seng Index bounced back Tuesday after three straight sessions of declines to mark a new year-to-date high. Mainland Chinese real estate firms trading on the Hong Kong bourse logged...

  • Chinese oil stocks rally on news of 'tiger' probe

    HONG KONG -- News of a Chinese corruption probe on a former senior government official with deep ties to the oil industry is bumping up prices of Chinese oil stocks amid hopes that reforms will revamp companies weighed down by wrongdoers. The Chi...

  • Philippine Stock Exchange sees surge in backdoor listings

    SINGAPORE -- More businesses are entering the Philippine Stock Exchange by acquiring other companies that are already publicly traded, a practice commonly called backdoor listing. The exchange saw little activity Thursday as investors shied away ...

  • Samudra Energy IPO attracts Chinese tycoons

    KUALA LUMPUR -- Singapore-based Samudra Energy has enticed billionaires Li Ka-shing, Robert Kuok and Quek Leng Chan as cornerstone investors for its upcoming listing in Singapore. The upstream oil and gas company is being floated to raise between 2...

  • Japan corporate pension assets highest since 2007 on stock rise

    TOKYO -- Corporate pension assets held by major Japanese companies are at their highest since March 2007, boosted by rising stock prices. As of the end of March, such assets totaled 48 trillion yen ($465 billion), up 4 trillion yen on the year an...

  • Job market holds key to real estate sector turnaround

    TOKYO -- Shares in Japan's lagging real estate sector could use some growth -- in employment. Many of its biggest names are trading 10% or more below where they were at the end of last year. Although the sector as a whole advanced for a third str...

  • Shanghai stocks gain momentum -- for now

    HONG KONG -- The Shanghai Composite Index ended up for the fifth straight day Monday, hitting its highest in about seven months. The good run comes on the back of hopes for an economic recovery in China. Investors are getting bullish, fueling expecta...

  • Global market volatility boosts hopes for Japan stocks

    TOKYO -- Global financial markets are stuck, their declining volatility posing a critical dilemma to hedge funds, who find their profits in the margins. I was recently invited to deliver a lecture about Abenomics in New York at a meeting of hedg...

  • The eight minds guiding Japan's 'pension whale'

    TOKYO -- There is a growing interest in what is going to happen to the 130 trillion yen ($1.26 trillion) being managed by the Government Pension Investment Fund, the world's largest institutional investor, as Japan tries to let the so-called "pension...

  • TSE to restrict new rights offerings

    TOKYO -- The Tokyo Stock Exchange will consider applying restrictions to companies that wish to raise additional capital through new rights offerings. The TSE could even prohibit seriously ailing companies from conducting new rights offerings. ...

  • It's all coming together for Japanese stocks

    TOKYO -- Some market watchers say Japanese stocks are set to remain on an upward trajectory until around 2020. Others note that the nation's shares have been mostly treading water this month, suggesting the stimulative effects of Abenomics have subsi...

  • Shiseido shares up on new chief, revenue-management system

    TOKYO -- Shares in Japanese cosmetics maker Shiseido have been trending higher since mid-May. Driving that rise are expectations for management reform and better earnings under Masahiko Uotani, who became the company's president in April. The shares ...

  • Indonesian shares hit year high on Widodo's win

    JAKARTA -- Indonesian shares touched a year high Wednesday after election officials announced Jakarta Gov. Joko "Jokowi" Widodo had won the country's presidential election. The benchmark Jakarta Composite Index opened slightly up at 5,104.83 points...

  • To keep share prices up, keep investors informed

    TOKYO -- Failure to communicate effectively with investors can hit share prices hard, as more than a few companies have learned the hard way. On May 22, investor relations officers of Sanrio, best known for its Hello Kitty character, were busy an...

  • Japan's listed companies go a-courting in SE Asia

    TOKYO -- Some 800 investors from around Asia gathered at the Ritz-Carlton, Millenia Singapore, in early June for Nomura Investment Forum Asia 2014, an investor relations event hosted by brokerage house Nomura Securities and featuring more than 50 lea...

  • Assessing Suntory's incoming president

    TOKYO -- Takeshi Niinami, the current Lawson chairman, has been tapped to take over as Suntory Holdings president from October. The charismatic business leader is credited with Lawson's turn around after he took the helm of the then-struggling co...

  • Japanese investor relation activities now focus on retail investments

    TOKYO -- Many listed Japanese companies are now wooing retail investors through aggressive investor relations activities as institutional change sweeps through the capital market. The new trend in IR activities comes as the country introduced the...

  • No earnings shock seen for Japan gadget makers

    TOKYO -- Major consumer electronics companies in Japan will begin announcing their earnings for the April to June quarter later in July. While Panasonic has rebounded and Sharp has bottomed out, Sony continued to struggle in fiscal 2013. In a rec...