All Entries Tagged With: "japan"
Auto Review: 2012 BMW 328i
By Ron Amadon , MarketWatch /conga/graphic-features/road-test/2012/bmw328i.html 208116 DAMASCUS, Md.
Currencies: Dollar stays on fire, set for 15th day of rally
By V. Phani Kumar , MarketWatch HONG KONG (MarketWatch) — The U.S.
Hong Kong stocks sink more; HSBC, Cathay hit hard
HONG KONG (MarketWatch) — Hong Kong stocks skidded sharply lower in early trading Friday, with heavyweight HSBC Holdings PLC leading a broad-based sell-off after a Moody’s downgrade of several Spanish banks deepened Europe-related worries. The benchmark Hang Seng Index /quotes/zigman/2622475 HK:HSI -2.78% lost 2.3% to 18,767.47, on course for its 11th loss in 12 trading days, in the footsteps of U.S.
Japan to speed pact with Korea, China: WSJ
By MarketWatch LOS ANGELES (MarketWatch) — Japan is promising to speed up efforts to forge a trade agreement with South Korea and China, opening the prospect of a formidable union rivaling the largest regional pacts in the world, The Wall Street Journal reported Saturday. In an interview with the Journal, Prime Minister Yoshihiko Noda said Japan wants to start negotiations on an agreement “as soon as possible.” The agreement would be called the FTA and rival the North American Free Trade Agreement and the European Union in size.
Asia Markets: Most Asia markets rebound, but China falls
By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Most Asia stock markets notched slim gains Tuesday, but the rebound was constrained by political uncertainty in Greece, and Chinese shares slipped to the downside. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 +0.69% added 0.7%, while South Korea’s Kospi KR:SEU +0.54% gained 0.5%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO +0.30% put on 0.3%.
Asia Stocks to Watch: Bank of Japan buys record amount of stock ETFs
By Michael Kitchen , MarketWatch LOS ANGELES (MarketWatch) — The Bank of Japan stepped back into the stock market Monday, making its largest single-day purchase of exchange-traded funds to date, though the move failed to prevent a sharp fall for the Tokyo equity market. The Japanese central bank said it spent 39.7 billion yen (about $500 million) buying up stock ETFs as part of its ongoing asset-purchase program, breaking a previous record of ¥28.5 billion, set on April 16. Dow ends lower for fourth straight session Stocks reversed losses and inched higher, after elections in France and Greece fueled concerns about the region’s ability to deal with its sovereign-debt problems.
Craig Stephen’s This Week in China: Chinese getting tired of ‘Made in China’
By Craig Stephen HONG KONG (MarketWatch) — It’s hardly news that ‘made in China’ products get bad press. But now, upwardly mobile mainland Chinese are starting to turn their nose up at home-grown brands of even low-end staples. This could spell trouble for mainland consumer stocks that have been one of the most crowded trades in the China consumption growth story
Japan stocks tumble in post-holiday return, as strong yen weighs; Nikkei Average down 2.8%
LOS ANGELES (MarketWatch) — Japan’s blue-chip Nikkei Stock Average tumbled 2.8% to 9,117.96 with in minutes of the market open Monday, as investors returned from a long holiday to find the yen substantially stronger and U.S. data showing signs of weakness.
Berkshire first-quarter earnings more than double
By Sue Chang , MarketWatch SAN FRANCISCO (MarketWatch) — Warren Buffett’s Berkshire Hathaway Inc. reported late Friday its first-quarter earnings more than doubled as its underwriting business swung to a gain from a big loss a year ago. Berkshire /quotes/zigman/219651 /quotes/nls/brk.a BRK.A +0.12% /quotes/zigman/583979 /quotes/nls/brk.b BRK.B -0.39% said its first-quarter net income rose to $3.25 billion, or $1,966 per Class A share, from net income of $1.51 billion, or $917 per Class A share, in the same quarter a year earlier.
Asia Markets: Asia stocks rise, with China up after data
By Sarah Turner and Nick Godt , MarketWatch MUMBAI (MarketWatch) — Asian stock markets broadly advanced Wednesday, as investors reacted to Chinese manufacturing data and a move to cut trading costs, while a weaker yen helped Japan’s market.