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AI Boom Makes 139-Year-Old Cable Company Japan's Hottest Stock
Fujikura Ltd., which makes wire cabling for data centres, is the best performer on the Nikkei 225 Stock Average index, with its shares surging more than 400% this year.
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Alibaba Group Sells Remaining Stake in Paytm Worth Rs. 1,378 Crore
China's Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about Rs. 1,378 crore through a block deal, stock exchange data showed on Friday. The exit comes days after Paytm posted its first-ever quarterly operating profit as a listed firm, nine months ahead of its own target.
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Japan's Flying Motorbike Start-up ALI Technologies All Set For IPO Soon: Report
The Tokyo-based company will soon open its Initial Public Offering (IPO) and is known for making the Xturismo Limited bike, a single-person transporter worth $777,000, capable of hitting a top speed of 80 kmph and can travel up to 40 minutes per charge.
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Tokyo Stock Exchange Halts Trading For Entire Day In Its Worst Breakdown
The issue damps investor sentiment following a positive U.S. stock market performance overnight and closures in other major markets in the region, including China, Hong Kong, South Korea and Taiwan.
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Suzuki Motor Corporation Purchases Additional Maruti Suzuki Shares, Raises Stake By 0.9 %
In a notification to the Bombay Stock Exchange (BSE), Maruti Suzuki has informed that Suzuki Motor Corporation, Japan, now holds an increased 56.37 % stake in India's largest car maker.
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Sensex Rises Over 200 Points, Nifty Above 10,650 Ahead Of RBI Policy Outcome
The S&P BSE Sensex on Wednesday surged over 200 points to trade at an intra-day high of 35,106.89 while the broader Nifty50, a benchmark of the National Stock Exchange, was 61.55 points higher at 10,654.70. Investors awaited the outcome of the Reserve Bank of India (RBI)'s interest rate-setting meeting, scheduled later in the day. Meanwhile, MSCI's...
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Sensex Falls Nearly 200 Points As PSU Banks, Metals Decline; Nifty Below 10,150: 10 Things To Know
The BSE Sensex started Wednesday's session on a negative note, falling as much as 197 points in early morning deals amid weakness in other Asian markets. Declines were led by metal and PSU banking stocks, down around 1.3 per cent. Investors were cutting bets on the last trading session of March derivatives and the end of financial year 2017-18, br...
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New Gujarat Exchange Will Offer 22-Hour Trading, Says PM Modi
Prime Minister Narendra Modi this evening inaugurated an international exchange in Gujarat that he said will work 22 hours every day "starting when Japan's markets open and ending when US markets close." It aims to win market share from financial hubs such as Singapore and Hong Kong by investing in technology and offering a response time of four mi...
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NYSE Sees Double-Digit Asian IPOs Through 2017, With Focus On Tech
NYSE has had some high-profile tech IPOs the past years, including the world's largest in 2014 when Chinese e-commerce giant Alibaba Group Holding went public, and Japan's Line Corp and communications software provider Twilio Inc this year.
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Nintendo Shares Rise 16% Due To Pokemon Go
Shares of Japanese video games giant Nintendo soared on Thursday by 16 per cent at the Tokyo Stock Exchange due to the stupendous success of its new smartphone augmented reality game, 'Pokemon Go'.
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Rupee Extends Losses For 2nd Day; Down 8 Paise Against Dollar
Extending its losses for the second day, the rupee on Friday dropped by another 8 paise to close at 66.48 per dollar on persistent demand from banks and importers for the US currency.
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Nikkei Ends Lower in Subdued Holiday Trade; Posts Fourth Weekly Drops
Japanese stocks ended marginally lower on Friday in holiday-thinned Christmas trading, with the slightly stronger yen capping risk appetite.
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Japan's Nikkei Opens Sharply Lower After ECB Decision
The benchmark Nikkei 225 index at the Tokyo Stock Exchange was down 1.62 percent, or 323.38 points, at 19,616.52 in opening deals, while the broader Topix index of all first-section shares dropped 1.64 percent, or 26.31 points, to 1,576.63.
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Nikkei Opens Higher on Upbeat Growth Data
The greenback was at 125.58 yen early Monday in Tokyo, against 125.56 yen late Friday in New York where the greenback climbed briefly to a 13-year high of 125.86 yen.
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Nikkei Share Average Opens Flat
Japan's factory production in February fell by a worse-than-expected 3.4 per cent month-on-month, turning down from a solid rise in January, according to official data.
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AI Boom Makes 139-Year-Old Cable Company Japan's Hottest Stock
Fujikura Ltd., which makes wire cabling for data centres, is the best performer on the Nikkei 225 Stock Average index, with its shares surging more than 400% this year.
-
Alibaba Group Sells Remaining Stake in Paytm Worth Rs. 1,378 Crore
China's Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about Rs. 1,378 crore through a block deal, stock exchange data showed on Friday. The exit comes days after Paytm posted its first-ever quarterly operating profit as a listed firm, nine months ahead of its own target.
-
Japan's Flying Motorbike Start-up ALI Technologies All Set For IPO Soon: Report
The Tokyo-based company will soon open its Initial Public Offering (IPO) and is known for making the Xturismo Limited bike, a single-person transporter worth $777,000, capable of hitting a top speed of 80 kmph and can travel up to 40 minutes per charge.
-
Tokyo Stock Exchange Halts Trading For Entire Day In Its Worst Breakdown
The issue damps investor sentiment following a positive U.S. stock market performance overnight and closures in other major markets in the region, including China, Hong Kong, South Korea and Taiwan.
-
Suzuki Motor Corporation Purchases Additional Maruti Suzuki Shares, Raises Stake By 0.9 %
In a notification to the Bombay Stock Exchange (BSE), Maruti Suzuki has informed that Suzuki Motor Corporation, Japan, now holds an increased 56.37 % stake in India's largest car maker.
-
Sensex Rises Over 200 Points, Nifty Above 10,650 Ahead Of RBI Policy Outcome
The S&P BSE Sensex on Wednesday surged over 200 points to trade at an intra-day high of 35,106.89 while the broader Nifty50, a benchmark of the National Stock Exchange, was 61.55 points higher at 10,654.70. Investors awaited the outcome of the Reserve Bank of India (RBI)'s interest rate-setting meeting, scheduled later in the day. Meanwhile, MSCI's...
-
Sensex Falls Nearly 200 Points As PSU Banks, Metals Decline; Nifty Below 10,150: 10 Things To Know
The BSE Sensex started Wednesday's session on a negative note, falling as much as 197 points in early morning deals amid weakness in other Asian markets. Declines were led by metal and PSU banking stocks, down around 1.3 per cent. Investors were cutting bets on the last trading session of March derivatives and the end of financial year 2017-18, br...
-
New Gujarat Exchange Will Offer 22-Hour Trading, Says PM Modi
Prime Minister Narendra Modi this evening inaugurated an international exchange in Gujarat that he said will work 22 hours every day "starting when Japan's markets open and ending when US markets close." It aims to win market share from financial hubs such as Singapore and Hong Kong by investing in technology and offering a response time of four mi...
-
NYSE Sees Double-Digit Asian IPOs Through 2017, With Focus On Tech
NYSE has had some high-profile tech IPOs the past years, including the world's largest in 2014 when Chinese e-commerce giant Alibaba Group Holding went public, and Japan's Line Corp and communications software provider Twilio Inc this year.
-
Nintendo Shares Rise 16% Due To Pokemon Go
Shares of Japanese video games giant Nintendo soared on Thursday by 16 per cent at the Tokyo Stock Exchange due to the stupendous success of its new smartphone augmented reality game, 'Pokemon Go'.
-
Rupee Extends Losses For 2nd Day; Down 8 Paise Against Dollar
Extending its losses for the second day, the rupee on Friday dropped by another 8 paise to close at 66.48 per dollar on persistent demand from banks and importers for the US currency.
-
Nikkei Ends Lower in Subdued Holiday Trade; Posts Fourth Weekly Drops
Japanese stocks ended marginally lower on Friday in holiday-thinned Christmas trading, with the slightly stronger yen capping risk appetite.
-
Japan's Nikkei Opens Sharply Lower After ECB Decision
The benchmark Nikkei 225 index at the Tokyo Stock Exchange was down 1.62 percent, or 323.38 points, at 19,616.52 in opening deals, while the broader Topix index of all first-section shares dropped 1.64 percent, or 26.31 points, to 1,576.63.
-
Nikkei Opens Higher on Upbeat Growth Data
The greenback was at 125.58 yen early Monday in Tokyo, against 125.56 yen late Friday in New York where the greenback climbed briefly to a 13-year high of 125.86 yen.
-
Nikkei Share Average Opens Flat
Japan's factory production in February fell by a worse-than-expected 3.4 per cent month-on-month, turning down from a solid rise in January, according to official data.
