Largest Weekly Loss in Nikkei in Four Years
Tokyo stocks declined for the third day in a row and the Nikkei index dropped 4.6% at the close of the week, the largest weekly loss in four years. Investors sold stocks linked to China after the...
View ArticleTokyo Stocks Pare Gains; Nissan, Takeda Down on Earnings Worries
The benchmark index Nikkei closed up but the Topix declined for the fourth day in a row. Index losses were limited after China eased bank reserve requirements for the third time in six months.
View ArticleNikkei in Tokyo Fall as Global Markets Weaken
Stocks in Japan eased as resources linked companies declined for the second week in a row. Tokyo stocks fell in sympathy with global markets after euro zone political and economic worries overwhelmed...
View ArticleNikkei Declines on Foreign Funds Outflow and Global Worries
Nikkei index in Japan dropped below 8,800 for the first time in two months on the growing worries in the euro zone and more outflows from international funds.
View ArticleEuro Weakens, Oil and Gold Extend Losses; Greece in Focus
U.S. markets wavered and the latest Fed statement showed no appetite for another stimulus plan. European markets watched Greek developments as the ECB president urged Greek leaders to stick to...
View ArticleJapan GDP Expands in March Quarter, Volatile Stocks in Tokyo
Stocks in Tokyo rebounded in choppy trading after GDP in the last fiscal quarter to March increased 4.1% from a year ago. The GDP declined 0.01% in the year after exports plunged on supply chain...
View ArticleU.S. Indexes Deepen Losses, Facebook to Raise $16 Billion
Stocks in New York trading declined and S&P 500 index extended losses for the fifth day in a row. The euro zone turmoil and the growing contagion risk in the region dragged markets on both sides...
View ArticleNikkei Drops to Five-Month Low
Stocks in Japan declined sharply after global economic growth worries mounted and the euro zone uncertainties rose as Spanish banks face another round of capitalization. Exporters declined and the...
View ArticleWeekly Losses of 4% in U.S. Indexes, Facebook IPO Falters
The U.S. indexes extended losses and closed lower and for the week, the S&P 500 index dropped 4.1% and the Nasdaq tumbled 5%. Facebook on the first day of trading needed underwriter support to...
View ArticleNikkei Attempts Rebound, Fanuc Up
Stocks in Tokyo rebounded after a steep loss on Friday and seven consecutive weeks of losses in the benchmark Nikkei index. Fanuc gained after the company plans to expand production capacity of...
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