Equities

Stock investors turning contrarians

TOKYO -- Investors around the world appear to be switching strategies from following the crowd to bucking the trend. They are also shifting focus from growth stocks to value stocks. But this trend is "not necessarily true" in Japan, says Akihiro ...

  • Japanese investors turn to value stocks

    TOKYO -- Japan's stock market seems to be back on the recovery path, although some growth stocks, especially the biotechnology companies that drove the stock market surge last year, remain in correction mode. On the contrary, value stocks, shares...

  • Steelmakers may see drop-off in demand in July-September quarter

    TOKYO -- Leading Japanese companies in the steel and non-ferrous metals industry will release their financial statements for the fiscal year ended March starting this week. Although the business environment has remained harsh for Japanese compani...

  • Seibu Holdings shares rise after IPO

    TOKYO -- After a number of mishaps leading up to its initial public offering Wednesday, Seibu Holdings enjoyed a smooth first day of trading on the Tokyo Stock Exchange's first section. The major Japanese hotel and railway operator opened at 1,60...

  • Chinese property stocks remain sluggish

    SHANGHAI -- Lingering concern over the future of China's residential real estate sector continues to weigh down markets. An index of property stocks on the Shanghai Stock Exchange is 60% lower than in September 2007, dropping to 3,323 from a peak...

  • Meiji Yasuda to increase foreign bond, equity investments

    TOKYO (Dow Jones) --Meiji Yasuda Life Insurance Co. plans to increase investments foreign bonds and equity funds in the fiscal year that started in April, an investment officer with the firm said. Because insurers must secure enough returns to fulf...

  • Seibu Holdings rises 4.7% above IPO price

    TOKYO (Dow Jones) -- Shares in Japanese hotel and railway operator Seibu Holdings rose in their trading debut Wednesday, closing morning trade at 1,682 yen, 5.1% above their initial offering price of 1,600 yen. Seibu's listing followed several dis...

  • Hong Kong shares battered by Chinese corruption probe

    HONG KONG -- The Hang Seng Index ended slightly lower Tuesday as a corruption investigation at a major state-run company in China rattled investors returning from a long Easter weekend. Chinese state-run media reported on Saturday the dismissal o...

  • Foreign asset managers taking shine to Japanese stocks

    TOKYO -- While hedge funds and other short-term investors unloaded Japanese stocks early this year, large U.S. and European asset management companies have been buying them up while prices are low in search of long-term returns. The trend is evid...

  • As Nikkei falls, Japanese companies profiting in Asia hit highs

    TOKYO -- Japanese businesses generating solid profits in Asia are drawing the attention of investors in the Tokyo stock market, as shown by their rising prices. "Consumer spending in Asia is largely expected to grow, with Japanese companies there...

  • Japan's life insurers buying riskier assets to boost returns

    TOKYO -- Japanese life insurance companies are stepping up investment in real estate, stocks, foreign bonds and other assets that carry risk as they strive for more attractive yields. Nippon Life Insurance plans to invest 1.6 trillion yen ($15.4 ...

  • Indonesia's Bumi Serpong raises expansion funds through share issue

    JAKARTA -- Indonesian property developer Bumi Serpong Damai plans to raise funds for expansion and investment. According to document submitted to the Indonesia Stock Exchange, Bumi Serpong, a unit of Indonesian conglomerate Sinar Mas Group, plans...

  • Kubota shares weak on problems in China and Thailand

    TOKYO -- Shares in Kubota, the Japanese agricultural machinery manufacturer, continue at a low. Although Kubota overtook Komatsu and Mitsubishi Heavy Industries to temporarily become Japan's top ranked machinery manufacturer, in terms of market capit...

  • Pitfalls lie ahead for emerging-market investors

    TOKYO -- Some investors are returning to sluggish emerging-market stocks, but this may prove dangerous without real improvement in the economic climate. The Nikkei Stock Average retreated slightly Monday, but the mood is not bad after last week's...

  • Nikkei likely to seesaw on earnings news, TPP prospects

    TOKYO -- With Japan's earnings season kicking off, the Nikkei Stock Average may seesaw this week. The consensus forecast is for a rise of slightly more than 10% in Japanese companies' combined pretax profits in fiscal 2014. Although earnings annou...

  • Strong earnings likely to hold for Japan companies

    TOKYO -- Over the next few weeks, the vast majority of Japan's listed companies will announce their sales and profit numbers for the fiscal year that ended in March and their forecasts for the year that started in April. Many big Japanese compani...

  • For lackluster Hong Kong stocks, some hope from the mainland

    HONG KONG -- China's economic slowdown and ailing financial system have had the Hang Seng Index seesawing near the 22,000 mark. Now a program that would allow Chinese retail investors to buy and sell Hang Kong-listed shares through their mainland bro...

  • Hawkish Xi boosts China defense stocks

    HONG KONG -- China's defense industry stocks have risen because of expectations that Beijing will accelerate the already fast growth of the country's military. Recent comments by President Xi Jinping's have added fuel to expectations. He recently...

  • Investors in Japan cheering budget-friendly retailers, eateries

    TOKYO -- With this month's consumption tax hike prompting Japanese consumers to tighten their purse strings, investors are snapping up shares of companies with low-priced offerings. Dumpling restaurant operator Ohsho Food Service rose to a high F...

  • Alibaba's 80% market share has investors feverish

    SHANGHAI -- Investors are champing at the bit over Alibaba's planned initial public offering, slavering over a company that seized roughly 80% of China's burgeoning e-commerce market by becoming the first to offer consumers a safe way to buy goods on...