Equities

Citic realigning for Hong Kong 'listing'

HONG KONG -- Chinese state-owned investment company Citic Group will effectively bring itself to the Hong Kong stock market by concentrating its assets in a unit already listed there, broadening Citic's fundraising options. The subsidiary, Citic ...

  • U.S. backlash may turn activist investors toward Japanese stocks

    TOKYO -- Growing hostility toward excessive investor activism in the U.S. could make an impact on the Japanese stock market in the near future, as such investors may move beyond the U.S. to other countries in search of greener pastures. A letter ...

  • Japan price trends have market players revising expectations

    TOKYO -- Two weeks have passed since Japan went through with its first consumption-tax increase in 17 years, which saw the levy climb from 5% to 8%. For investors, there are two burning questions: will the move depress the economy, and how will it im...

  • Positive vibes for Japan stocks as Intel's prospects brighten: analysts

    TOKYO -- U.S. chipmaker Intel on Tuesday reported an earnings dip but signaled better days appear to be ahead. Things may be looking up for Japan's semiconductor companies, too. Intel's net profit for the January-March quarter fell 5% on the year...

  • Pandas stomping on Malaysian stock market

    SINGAPORE -- Beijing's decision to delay the delivery of two pandas to Malaysia has hit the Southeast Asian country's stock market, pushing down shares closely linked with China. Concerns for worsening relations with the world's second-largest ec...

  • Money raised via Asian IPOs quadrupled last quarter

    HONG KONG -- Corporations procured a total of $14 billion through initial public offerings in the Asia-Pacific region during the January-March quarter, four times as much as a year earlier. The figure accounts for 41% of the global tally, accordi...

  • As Westerners exit, Asian investors enter Japanese stock market

    TOKYO -- While investors from Europe and the U.S. increasingly take to the sidelines in the Japanese stock market, counterparts in Asia are snapping up shares in the country. WisdomTree Japan Hedged Equity Fund, a leading U.S. exchange-traded fun...

  • Harsh trust climate hits Singapore market

    SINGAPORE -- Share issues in Singapore, traditionally the busiest stock market in Southeast Asia, fell to a nine-year low in the first quarter. Worries over higher interest rates and weak local share prices were behind the decline. Globally, equi...

  • Indonesian stocks struggle on opposition's election setback

    SINGAPORE -- Indonesian shares are top heavy following news that the country's largest opposition party did not perform as well as expected in the recent snap election. The Jakarta Composite Index fell 3.16% on Thursday, and Indonesian stocks squeeze...

  • Fast trades souring small Japanese investors on blue chips

    TOKYO -- Ultrahigh-speed transactions are increasingly blamed for the dearth of buyers in market declines, since they are said to erode the purchasing power of individual investors. "I usually trade such companies as Crooz, Japan Communications a...

  • Price gap shrinks between Hong Kong, Shanghai shares

    NORIYUKI DOI, Nikkei staff writerSHANGHAI -- The price difference between stocks of companies listed on both the Hong Kong and Shanghai bourses is narrowing after China on Thursday announced plans to lift a ban on investment between the two exchanges...

  • Stable rupee sends Indian stocks higher

    SINGAPORE -- The Bombay Stock Exchange Sensex index hit a record high for the second straight trading day Thursday, thanks to stock purchases by foreign investors. They are buying shares in banks, including the country's largest bank, State Bank of I...

  • Shanghai, Hong Kong bourses to connect: Premier Li

    HONG KONG (Kyodo) -- Chinese Premier Li Keqiang said Thursday that stock markets in Shanghai and Hong Kong will test-run a connectivity scheme to boost the opening up of the mainland's capital market. The scheme, called Shanghai-Hong Kong Stock C...

  • Smartphone-related stocks soar on startup markets in fiscal 2013

    TOKYO -- App developers and other smartphone-related companies were among the top performers in a Nikkei stock price-growth ranking for fiscal 2013. The ranking covers companies listed on Japanese startup markets, where retail investors account for 7...

  • Foreign investors look again at Japanese stocks

    TOKYO -- Japanese stocks are at 2007 levels, while U.S. stocks are smashing records. Foreign investors, noticing the lag, are taking another look at Japanese stocks. Sentiment on the U.S. stock market is worsening, as shown by last Friday's p...

  • Are Toyota shares paying the price for Japan Inc.'s woes?

    TOKYO -- Even though Toyota Motor is on track to post record earnings for the year ended March 31, its stock has been lackluster as foreign investors dump the automaker's shares. The stagnant stock symbolizes the languor spreading over Japan Inc....

  • Malaysia's Kuok Group to list offshore services operator PACC

    SINGAPORE -- Malaysia's Kuok Group officially started the process of listing PACC Offshore Services Holdings on the Singapore Exchange. PACC, an owner and operator of support vessels for offshore oil and gas fields worldwide, is to raise funds to con...

  • Philippines' first new listing for 2014 soars on maiden trading day

    MANILA -- The first initial public offering on the Philippine stock market for 2014 had a very good first day of trading. This is a sign of confidence not only in the company, but also the local market. Shares of Double Dragon Properties opened M...

  • Turkish stocks at highest level since December on ruling party election wins

    ISTANBUL -- Turkey's benchmark Borsa Istanbul 100 index closed on April 1 above 70,000 for the first time since December. Local elections on March 30 saw the ruling Justice and Development Party secure victories, which has eased concerns about politi...

  • The danger of clinging to the easy-money safety blanket

    TOKYO -- The Nikkei Stock Average may have started off the week on a bad foot, but many market watchers seem unperturbed. Their confidence stems from the expectation that the industrialized world's blend of economic growth and supportive monetary pol...