All Entries Tagged With: "japanese"
Currencies: Dollar stays on fire, set for 15th day of rally
By V. Phani Kumar , MarketWatch HONG KONG (MarketWatch) — The U.S.
Stocks to Watch: Stocks to watch Friday: Arena, Nordstrom, Nvidia
WASHINGTON (MarketWatch) — Among the stocks that could see active trade in Friday’s session are Arena Pharmaceuticals Inc., Nordstrom Inc.
Currencies: Dollar holds on to gains
By Sarah Turner , MarketWatch SYDNEY (MarketWatch) — The dollar edged higher in Asian trading hours Tuesday, extending gains made the previous day, when renewed concerns about Europe weighed on currency markets. The ICE dollar index /quotes/zigman/1652083 DXY +0.27% traded at 79.712, up from 79.611 in late North American trading Monday. The dollar’s Monday advance followed weekend elections in Europe that raised fresh concerns about the austerity aims of the French government and resulted in the defeat of the government that had backed Greece’s latest bailout package.
Japan without nuclear power, first time since 1970
LOS ANGELES (MarketWatch) — Japan’s Hokkaido Electric Power Co. /quotes/zigman/193483 JP:9509 -2.40% /quotes/zigman/193490 /quotes/nls/hkepf HKEPF -41.39% closed the nation’s last remaining nuclear power plant in operation on Saturday, leaving Japan without any nuclear-power source for this first time in over 40 years, according to reports. In the year before Japan’s catastrophic Fukushima nuclear disaster in 2011, nuclear power supplied 26.4% of the country’s electricity, with more than 30 plants in operation, Kyodo News reported.
Asia Markets: Asian stocks slip ahead of U.S. jobs data
By Sarah Turner and Nick Godt , MarketWatch MUMBAI (MarketWatch) — Asian shares fell Friday, with a sharp overnight drop in crude oil hitting energy names, ahead of the closely-watched U.S. nonfarm payrolls report. South Korea’s Kospi KR:SEU -0.30% dropped 0.3%, while both Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO -0.75% and Hong Kong’s Hang Seng Index /quotes/zigman/2622475 HK:HSI -0.77% lost 0.8%
Europe Markets: Europe stocks rise after earnings, Spain off
By Sara Sjolin , MarketWatch London (MarketWatch)—Most European stock markets rose on Wednesday, as well-received corporate earnings lent support to indexes, while pressure remained on Spain and the country’s banks. The Stoxx Europe 600 index /quotes/zigman/2380150 XX:SXXP +0.34% rose 0.6% to 259.76
Asia Markets: Japan down on yen strength, earnings
By Sarah Turner , MarketWatch SYDNEY (MarketWatch) — Japanese shares fell Tuesday as the yen strengthened and earnings weighed, with most other Asian markets closed for a holiday. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 -0.89% fell 1%, while the Australian S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO +0.63% rose 0.7% ahead of an interest-rate decision from the Reserve Bank of Australia. Gains for Australian stocks gathered steam through the session after official data on the Chinese manufacturing sector showed further improvement for the sector.
Japan stocks fall in post-holiday return
LOS ANGELES (MarketWatch) — Japanese stocks fell in early Tuesday trade as the market returned from a three-day weekend to face a stronger yen and some weak earnings, with the Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 -0.89% down 0.8% at 9,442.34 in the early minutes, and the Topix off 0.7%. With the U.S. dollar falling below the 80-yen mark for the first time since February, exporters generally retreated
Asia Stocks to Watch: Political focus on Bank of Japan is necessary evil
By V. Phani Kumar , MarketWatch HONG KONG (MarketWatch) — Political meddling in monetary policy could be a bitter pill for the Bank of Japan to swallow, but it would be a necessary evil to pull the country out of its long economic stupor, say scholars and economists.