Tag - stocks

 
 

STOCKS

An electronic board shows Shanghai and Shenzhen stock indexes at the Lujiazui financial district in Shanghai on March 24.
BUSINESS / Markets
Mar 29, 2024
Chinese firms face funding drought for IPOs amid heavy scrutiny
China's securities watchdog has sharply tightened scrutiny of IPOs this year, leading to companies scrapping domestic listing plans in droves.
An electronic stock board in Tokyo on Thursday. Signs that deflation has ended are driving investors to bet ever more on Japan’s economic growth.
BUSINESS / Markets
Mar 23, 2024
Japan’s stock boom gets broader support than just exporters
Signs that deflation has ended are driving investors to bet ever more on Japan’s economic growth.
A monitor showing the Nikkei index on Thursday
BUSINESS / Markets
Mar 21, 2024
Nikkei scales record high; yen rebounds as Fed out-doves BOJ
The Nikkei marked a record closing high of 40,815.66, up more than 2% on the day, after also setting a fresh all-time intraday peak of 40,823.32.
Call loan brokers at Tokyo Tanshi in Tokyo in November. After decades of setting its benchmark rate near zero, the Bank of Japan is poised to tighten, spurring new opportunities for veteran traders after decades of setting its benchmark rate near zero.
BUSINESS / Markets
Mar 17, 2024
Japan’s $4 trillion offshore funds will ignore first BOJ hike
Only 40% of 273 respondents said the BOJ's first interest-rate hike since 2007 will prompt investors to sell foreign assets and repatriate the proceeds.
Investors will be heaping ever more scrutiny on Japanese assets, with negative rates potentially relegated to history.
BUSINESS / Markets
Mar 15, 2024
BlackRock and Man Group reveal big Japan bets before BOJ decision
Snap up more Japanese stocks and keep buying the yen — these are some of the most popular calls from big-name money managers.
A backdrop of a broadly soaring stock market and signs of long-awaited wage and price growth is drawing bets that the BOJ might back away from its ultraeasy policy settings as soon as its next meeting in a week's time.
BUSINESS / Markets
Mar 11, 2024
Bank of Japan skips ETF buying, stoking policy speculation
It was not clear why it did not buy the listed funds even as the Topix index slid 2% — a mark that generally draws a response.
A man looks at electronic boards displaying stock prices of companies listed on the Tokyo Stock Exchange in Tokyo on Monday. The benchmark 225-issue Nikkei average has surged at an unexpected pace of about 20% this year
BUSINESS / Economy / FOCUS
Mar 8, 2024
A stock rally but sluggish growth: What’s the deal with Japan’s economy?
The Nikkei is benefiting from companies' strong earnings, but wider economic indicators are much less positive.
Japan’s stock market is breaking records right when the government has launched an expanded tax-free investing account. But due to government regulations, stocks still remain out of reach for many starting investors. 
COMMENTARY / Japan
Mar 6, 2024
Everyone’s buying Japan shares. I only want to buy one.
An expanded tax-free investment account program that launched to much fanfare at the start of the year has come at a perfect time.
Japan's benchmark 225-issue Nikkei average surpassed the 40,000 mark for the first time on Monday.
BUSINESS / Markets
Mar 4, 2024
Japan's Nikkei index surpasses 40,000 points for first time
The Nikkei’s smashing of previous records is credited in part to the weakness of the yen against the dollar.
Currency dealers work in front of an electronic board showing the Korean Composite Stock Price Index (KOSPI) at a dealing room of a bank in Seoul. Officials in South Korea are taking a cue from Japan, where a push for corporate reforms has been one of the key drivers for a world-beating equity rally.
BUSINESS / Economy / FOCUS
Mar 2, 2024
South Korea faces long road in unlocking corporate value like Japan
As global investors scrutinize South Korea’s plans, they note a key hurdle — the prevalence of family-controlled businesses, or chaebols.
Execs at four major Japanese insurers, including Tokio Marine & Nichido Fire Insurance, will take pay cuts over price fixing.
BUSINESS / Companies
Mar 1, 2024
Four general insurance firms punish 132 people over price-fixing
The four general insurers, including Tokio Marine & Nichido Fire Insurance, also submitted business improvement plans to the Financial Services Agency.
Japan's benchmark Nikkei index is on a roll, having broken its bubble-era record last week.
COMMENTARY / Japan
Feb 27, 2024
What explains the recent surge in Japanese stock prices?
Japan needs for increase domestic capital investment, technological innovation and sound risk-taking to improve long-term competitiveness.
A screen in Tokyo shows the level of the 225-issue Nikkei stock average after it posted an all-time closing high on Monday.
BUSINESS / Markets
Feb 26, 2024
Japan’s Nikkei index sets record high for second consecutive day
The Topix was also up 0.49%, closing at 2,673.62.
China saw a record six months of outflows from the equity market until this month, while foreign direct investment is at a 30-year low.
BUSINESS / Markets
Feb 26, 2024
China’s quant clampdown risks damaging fragile markets for years
Beijing's changes made it hard for quant funds' data-reliant models to outperform the market, and even resulting in repeated wrong predictions.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway
BUSINESS / Companies
Feb 26, 2024
Warren Buffett endorses Japan trading firms in letter, boosting shares
Buffett’s letter to stakeholders said that the five trading companies have reduced the number of their outstanding shares at "attractive” prices.
Light trails left by moving traffic in the Yeouido financial district of Seoul
BUSINESS / Markets
Feb 26, 2024
South Korea unveils corporate value-boosting plan to replicate Japan
The plan to push companies to improve management and corporate governance has disappointed due to a lack of enforcement and concrete details.
Pedestrians look at an electronic board displaying the Nikkei index of the Tokyo Stock Exchange on a street in the Japanese capital on Thursday.
BUSINESS / Markets
Feb 24, 2024
Record-high Nikkei’s rise just getting started on foreign demand
Investors and strategists are also watching for a broadening of equities gains that may take the wider Topix index to an all-time high this year.
A recent surge in Tokyo share prices has been driven by foreign investors' enthusiasm for rising corporate profits, with Japanese investors still wary after more than three decades of market malaise.
BUSINESS
Feb 23, 2024
Japanese investors raise a glass to Nikkei record at Stock Pickers bar
Excitement among regulars at the intimate bar in Tokyo's Ginza district had been brewing since last week as the Nikkei approached its all-time high.
South Korean President Yoon Suk-yeol speaks during an interview at the Presidential Office in Seoul on Feb. 4. Yoon has been working to cheer domestic retail investors, who have been heavy sellers of Seoul shares.
BUSINESS / ANALYSIS
Feb 23, 2024
Seoul hopes Japan stock playbook can narrow 'Korea discount'
Reforms floated last month by South Korean President Yoon Suk-yeol may not continue to boost the Seoul bourse, analysts say.
The Nikkei 225 on Thursday broke through a record high set just before the country's asset bubble catastrophically burst in the early 1990s.
COMMENTARY / Japan
Feb 23, 2024
Congratulations Nikkei, now don’t screw it up
Those skeptical of the current boom argue that this is nothing more than a another instance of a once-in-a-decade cycle.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?