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Japan
Nikkei Considerably Higher Despite Contraction of the Japanese Economy
The Tokyo stock exchange closed with a solid profit on Tuesday. Investors ignored news that the Japanese economy contracted in the first quarter and started looking for bargains after the recent price drops.
The vote was supported…
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Steel Companies Fall on the Japanese Stock Market Due to Concerns About Recovery
Japanese steel producers were under pressure on the Tokyo stock exchange on Wednesday. Fears of new lockdowns in major Japanese cities and the continued rise in corona cases worldwide have fueled concerns about the economic recovery.…
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Web-Store Giant Alibaba Rises in Hong Kong Despite Record Fine
The Alibaba share was one of the strongest risers on the Hong Kong stock exchange on Monday. China last weekend imposed a record fine of 18.2 billion yuan on the web-store group of tech billionaire Jack Ma for monopoly practices.
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Nikkei Lower Due to Corona Infections Increase in Japan
The Tokyo stock exchange ended slightly lower on Thursday. A sharp rise in the number of corona infections in the Japanese capital and Osaka fueled concerns about new measures to contain the virus.
Another shortening of restaurant…
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CVC Takeover Offer for Japanese Technology Company Toshiba
Japanese technology and electronics group Toshiba has received a takeover offer from investment company CVC Capital Partners. More than $ 20 billion may be involved in that offer. Toshiba said it was looking at the proposal.
CVC…
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Stock House Nomura Plummets on Higher Japanese Stock Market
Nomura fell hard on the Tokyo stock exchange on Monday. Japan's largest securities house warned of a possible $ 2 billion loss at its US arm from transactions with an unnamed client in the United States.
The mood on the Japanese…
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Xiaomi and Tencent Drop on the Hong Kong Stock Exchange
Chinese smartphone maker Xiaomi and tech company Tencent lost ground on the Hong Kong stock exchange on Thursday despite better-than-expected earnings figures from both companies.
Technology companies were also under pressure on…
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Nikkei Back Above 30,000 Points Thanks to Chip Companies
The Tokyo stock exchange managed to close above 30,000 points on Thursday due to substantial price gains from the Japanese chip companies.
Investors took to the new record levels on Wall Street. Besides, the results of the Bank of…
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