Business News Asia
Gold is often considered a safe haven asset for a variety of reasons. One of the main reasons is that gold has a long history of holding its value. It has been used as a store of value for thousands…
The 2008-2009 recession was a difficult time for many investors, but for those who were able to navigate the market, it also presented opportunities for strong returns. So what were the best investments during that recession? First, it’s important to…
The South Korean Composite (KOSPI) closed at 2,360.97 points, down 38.28 points, or -1.60%, after the U.S. Federal Reserve (Fed) signaled that it will continue to raise interest rates next year and warned of an economic slowdown. The won depreciated…
The Nikkei in Tokyo closed at 27,116.11, down 195.19 or -0.71%. The losers were Seven & Holdings-3.50%, IHI Corp.-2.93%, and Sumitomo Osaka Cement-2.87%. The gainers were Central Japan Railway Co.+2.11%, East Japan Railway Co.+1.81%, and West Japan Railway Co.+1.81%. In…
Tokyo’s Nikkei closed up 128.32 points, or +0.48%, at 27,120.53 as investors eased concerns about the Federal Reserve’s accelerated rate hikes after weaker-than-expected U.S. jobs data. Rakuten Inc+2.83%, Japan Steel Works+2.72%, and Shin-Etsu Chemical+2.51% were the gainers. Losers were Nippon…
Tokyo Nikkei closed at 26,215.79, up 278.58 or +1.07%, after the market fell earlier due to poor sentiment among Japanese manufacturers. The gainers were Nippon Sheet Glass+5.48%, Nippon Yusen K.K+5.35%, and Shinsei Bank+5.35%. The losers were Kansai Electric Power-5.28%, Unitika-5.03%,…
The Dow closed higher, rising for the first time in four weeks this week as investors bought after the recent downturn. Markets are ignoring concerns about the economic outlook and investors appear to be welcoming the prospect of another 0.75%…
Mitsubishi Motors’ share price has risen 84% this year, outperforming all automotive companies in Southeast Asia. This is due to the increasing demand for smaller cars and pickups in Southeast Asia. While Japanese auto exporters benefited from the weakening of…
Tokyo’s Nikkei closed up 727.65 points, or 2.62 percent, at 28,546.98, a seven-month high, after released U.S. economic data helped to ease inflation concerns in the United States, the world’s largest economy. The best performers were DOWA Holdings (+8.88%), Nippon…
Tokyo Nikkei closed at 27,803.00, up 0.44%, as investors’ concerns about the global economy eased after it was announced that Russia resumed gas exports to Germany. The most positive performers were Nikon Corp.+3%, GS Yuasa Corp.+2.68%, and Nichirei Corp.+2.61%. The…
