Equities

Wall St weighed by Apple but banks shine on

NEW YORK (Reuters) -- Apple Inc was the largest weight on U.S. stock indexes on Tuesday after antitrust regulators ordered the company to pay about $14.5 billion in back taxes to the Irish government, but gains in bank shares partly offset the declin...

  • Market Scramble: Japan investors done waiting for change

    TOKYO -- The gradual shift of money in the Japanese market from domestic-demand shares to exporter stocks has been spread far from evenly, with investors searching for companies where earlier reforms look likely to pay off soon.Canon is among those b...

  • Chinese consumption fueling Tokyo bourse's winners

    TOKYO -- Corporations with consumer-oriented operations in China are gaining on the Tokyo Stock Exchange, as investors focus on more small and midsize stocks while awaiting the announcement of U.S. employment figures at the end of the week.Bathhouse ...

  • Indian shares rise as Fed rate hike bets falter

    MUMBAI (NewsRise) -- Indian shares rose to over one-year highs Tuesday as uncertainty about the Federal Reserve raising rates as early as September improved global risk sentiment.The benchmark BSE Sensex advanced 1.6% to 28,343.01 points, its highest...

  • Malaysian shares give up early gains as late selling weighs

    KUALA LUMPUR (NewsRise) Malaysian shares ended lower on Tuesday, reversing early gains stemming from positive regional cues, as selling in select stocks steered the benchmark index to its lowest level in almost three weeks.The nation's benchmark FTSE...

  • Gome Electrical Appliances share price ticks up

    HONG KONG -- Shares of Gome Electrical Appliances Holding rose on Tuesday after fiscal first half results suggested that the consumer electronics retailer has emerged from a deep slump.Shares rose 0.02 Hong Kong dollars, or 2.17%, from the previous d...

  • Shenzhen-Hong Kong market link could start in November

    HONG KONG -- The China Securities Regulatory Commission on Tuesday indicated that the planned linkup of the Hong Kong and Shenzen stock markets could start as early as November, according to Hong Kong media reports. Many had earlier speculated that i...

  • Apple-related stocks draw buying from Taipei to Shenzhen

    HONG KONG -- Hon Hai Precision Industry of Taiwan and other companies in Apple's supply chain drew buying interest on Tuesday.Hon Hai, better known as Foxconn, temporarily climbed to 89.50 New Taiwan dollars in the early morning session on the Taiwan...

  • Wall St gains as data points to budding economy

    NEW YORK (Reuters) -- Financial and commodity-sector stocks led the S&P 500 higher in a low-volume session on Monday after consumer spending rose for a fourth straight month, pointing to a pick-up in U.S. economic growth.Investors continued to digest...

  • Asian equities diverge on US rate hike speculation

    TOKYO --Currencies weakened across Asia on Monday amid growing expectations of a U.S. interest rate increase, but while Japan stocks got some welcome relief, emerging-market equities fell.Market views on the timing of the next U.S. rate hike took a s...

  • Self-driving tech gets lift in Tokyo stock market

    TOKYO -- Driverless cars have emerged as a hot topic in the Japanese stock market, with investors making a play for companies developing technology in this field.Toyota Motor advanced 4% on Monday while Honda Motor rose 3.7%. The gains in auto stock...

  • Indian shares rise as heavyweights gain, Fed rate hike bets weigh

    MUMBAI (NewsRise) -- Indian shares rose Monday, as gains in heavyweights Tata Motors and Reliance Industries tempered early losses stemming from mounting expectations of a Federal Reserve rate increase.The benchmark BSE Sensex advanced 0.4% to 27,902...

  • Malaysian shares, ringgit slip as Fed Yellen boosts rate hike bets

    KUALA LUMPUR (NewsRise) -- Malaysian shares and the ringgit declined Monday, as risk appetite took a hit after comments from U.S. Federal Reserve Chair Janet Yellen strengthened the case for a rate increase.The nation's benchmark FTSE Bursa Malaysia ...

  • Hong Kong property stocks fall on US rate hike concern

    HONG KONG -- Property stocks fell in Hong Kong on Monday amid revived expectations that the U.S. Federal Reserve might raise interest rates sooner than markets had expected.Shares in Cheung Kong Property Holdings at one point dropped by 0.85 Hong Kon...

  • China aircraft engine makers' shares surge

    HONG KONG -- Shares of Chinese aircraft engine makers surged in mainland trading on Monday as President Xi Jinping called for acceleration in research, development and manufacturing to develop the aviation industry.Avic Aviation Engine rose 2.96 yuan...

  • Asian shares down after US Fed comments, Nikkei shines on yen

    A rally in the U.S. dollar weakened the Japanese yen, sending the Nikkei sharply higher on Monday amidst broader equities weakness elsewhere in Asia.The Nikkei Stock Average was up 2.2%, as the dollar gained on Federal Reserve Chair Janet Yellen's co...

  • Wall St slips in wake of comments by top Fed officials

    NEW YORK (Reuters) -- U.S. stocks ended modestly lower after a volatile session on Friday, having bounced between gains and losses as investors wrestled with the likely timing of a U.S. interest rate hike following comments from top Federal Reserve o...

  • Market Scramble: Buybacks fall flat without ROE backup

    TOKYO -- Japanese companies remain eager to repurchase their shares this fiscal year. But buybacks alone are hardly enough to attract investors looking for a commitment to putting shareholder money to work more efficiently. Shares in companies that r...

  • China Resources Land gains on solid first half

    HONG KONG -- China Resources Land got a bump in afternoon trading here Friday after the real estate group turned in strong January-June earnings.The shares closed 3.87% higher at 21.45 Hong Kong dollars after topping out at HK$21.75.The Chinese devel...

  • European shares turn higher after Yellen speech

    MILAN (Reuters) -- European shares rose after Federal Reserve Chair Janet Yellen said the case for raising U.S. interest rates had strengthened thanks to improvements in the labour market and expectations for moderate economic growth.Yellen did not i...