Equities

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...

  • Tax-free accounts may yield late-year bonanza for Japan stocks

    TOKYO -- Brokerages are looking forward to a rush of stock-buying later this year through tax-advantaged individual savings accounts. The so-called NISA accounts let people earn tax-free capital gains and dividends on stock and mutual fund invest...

  • India's first Japanese-stock mutual fund to debut this month

    TOKYO -- A major asset management company in India will launch the country's first mutual fund dedicated to Japanese shares by the end of the month, a move that could help funnel the money held by investors in that emerging market to Japanese corpora...

  • Government prodding keeps Japan stocks far away from geopolitical risks

    TOKYO -- With the hot spots of Iraq, Gaza and the Ukraine beginning to cool in the minds of investors, the Nikkei Stock Average has recovered -- and even moved well above -- the 15,000 line. However, these so-called "geopolitical risks" are not about...

  • Japanese stock investment trusts bulge to record high

    TOKYO -- Total net assets of stock investment trusts in Japan marked an all-time high at the end of July at 70.09 trillion yen ($678 billion) on the growing popularity of trusts investing abroad. It topped the previous record of 69.06 trillion ye...

  • Risk-averse investors chase domestic-oriented companies in Tokyo market

    TOKYO -- Domestic-demand-led issues, such as real estate and food companies, rose Wednesday in Tokyo as investors pursued businesses that tend to be less affected by rising tensions abroad. Many of these companies outperformed the Nikkei index, w...

  • LCY Chemical share plunge stops as Taiwan mourns

    TAIPEI -- LCY Chemical stock on Tuesday finally ended a seven-session plummet, and rallied during trading to close only 0.66% down at 15.05 New Taiwan dollars. The run on LCY Chemical, which suffered a 40% loss in share value since 1 July, was pr...