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...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • Malaysian Airline System opens down 16% Friday

    KUALA LUMPUR (Dow Jones) -- Shares of Malaysian Airline System opened down 16% Friday following the loss of Flight 17 in Ukraine. Malaysian Airline, which operates under the brand Malaysia Airlines, confirmed late Thursday that it lost contact w...

  • Indian stock market still chewing on Modi's first budget

    SINGAPORE -- While India's benchmark Sensex was little changed Thursday, investors seemed to be sinking their teeth into the Modi government's first budget proposal. The draft budget put forward last week emphasizes infrastructure investment and ...

  • JPX going strong a year after merger

    TOKYO -- Osaka Exchange and Tokyo Stock Exchange, operated by Japan Exchange Group, merged a year ago Wednesday. The market has seen some results from the merger. A year ago, the TSE became the world's third-biggest by listed companies, adding ro...

  • Taiwan's TSMC hit by profit taking after posting quarterly records

    HONG KONG -- Shares in Taiwan Semiconductor Mfg., known as TSMC, are trading sharply lower Thursday, a day after the chipmaker announced record sales and net profit for the April-June quarter. Concerns that the stock was overheating may have trig...

  • Hopes for public works restart lift Thai stocks

    BANGKOK -- Thai equities closed at a roughly 13-month high Wednesday amid hopes that the country's military junta will restart infrastructure spending stalled during months of political wrangling. The benchmark SET index rose 0.39% to 1,530.42, w...

  • Singapore firms selling off Australian assets as resource boom fades

    SINGAPORE -- Companies in Singapore are actively selling off large amounts of Australian assets. These companies are trying to adjust their portfolios to reduce risks, amid growing signs that Australia's economy is slowing as the resource boom fades....

  • Nikkei to change presumed par value of Mazda, J.Front

    TOKYO -- Nikkei Inc. said Tuesday that it will change the presumed par value of Mazda Motor and J.Front Retailing for the calculation of the Nikkei Stock Average to maintain the continuity of the key stock index. Both are components of the index....

  • Number of firms on Indonesia bourse tops 500

    JAKARTA -- Two fresh initial public offerings (IPOs) in Indonesia's bourse brought the total number of publicly listed companies in the country to 500, reflecting strong investor appetite in Southeast Asia's biggest economy. Last Friday, property...

  • Shares tied to wider Asia shine in Tokyo market

    TOKYO -- Japanese companies that have tapped into Asian consumer demand are hitting fresh highs in the stock market as investors focus on the region's potential to drive earnings. Even as the Nikkei Stock Average remained rangebound, health and b...