Showing posts with label Nikkei. Show all posts

Nikkei jumps as yen slips on BOJ easing expectations

Aug 30  - Japan's Nikkei average rose 3 percent on Monday after the yen slipped as the Bank of Japan began an emergency policy meeting and after revised second quarter U.S. GDP was less gloomy than expected.
Expectations that steps by Japanese authorities aimed at stemming strength in the yen led to short-covering, particularly in shares of exporters, though gains could lose steam if there are no major surprises from the BOJ meeting, market players said.
The benchmark Nikkei .N225 gained 267.25 points to 9,258.31, after rising 1 percent on Friday.
The broader Topix .TOPX added 2.3 percent to 838.50.
The Bank of Japan began an emergency meeting on Monday to ease monetary policy, bowing to strong government pressure to try to curb a rise in the yen that is threatening a fragile economic recovery. [ID:nTOE67T00F] (Reporting by Aiko Hayashi; Editing by Edwina Gibbs)

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Westpac sells 65 bln yen in Samurai bonds - lead

Aug 27- Australia's Westpac Banking Corp (WBC.AX) has sold 65 billion yen ($769.4 million) of five-year Samurai bonds in two tranches, lead manager Daiwa Securities Capital Markets said on Friday.
Westpac sold 50 billion yen in fixed-rate bonds and 15 billion yen in floating-rate bonds.
The coupon for the fixed-rate bonds was set at 50 basis points above yen swaps, while the coupon for the floating-rate bonds is 65 basis points above three-month yen Libor.
Other lead managers are Citigroup Global Markets Japan and Nomura Securities.
Samurai bonds are yen bonds issued in Japan by non-Japanese entities. (Reporting by Naoyuki Katayama and Hiroyasu Hoshi; writing by Rika Otsuka)

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Sumitomo: BHP requests over 10 pct coal price hike

TOKYO, May 27 - Sumitomo Metal Industries Ltd (5405.T), Japan's third-biggest steelmaker, said BHP Billiton (BHP.AX) (BLT.L) had requested a 10-15 percent rise in the price of coking coal to $225 per tonne for July-September.

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HK stocks open down on U.S. rate rise concern

HONG KONG, Jan 4  - Hong Kong shares opened down
0.06 percent on Monday, as concern that U.S. interest rates may
rise sooner than expected because of upbeat jobs data weighed on
sentiment.
Huaneng Power (0902.HK) was up 0.91 percent. The Chinese
power producer said it would buy stakes in power and port
operators for a total of 8.625 billion yuan ($1.26 billion), to
expand its operations and geographical coverage. [ID:nTOE60300J]
The benchmark Hang Seng Index .HSI opened down 12.46 points
at 21,860.04. The China Enterprises .HSCEIndex of top locally
listed mainland Chinese stocks fell 0.02 percent to 12,791.33.
 (Reporting by Jun Ebias; Editing by Chris Lewis)

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Nikkei hits 4-month high on exporters, Takashimaya

TOKYO, Dec 28  - Japan's Nikkei average hit its highest in four months on Monday, with exporters rising while Takashimaya Co Ltd (8233.T) gained after the department store chain kept its full-year profit forecast unchanged.
The benchmark Nikkei .N225 was up 0.8 percent at 10,576.05 in early trade after climbing as high as 10,587.75, its highest since Aug. 31.
The broader Topix added 0.6 percent to 914.57. (Reporting by Aiko Hayashi)

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Nikkei slips as exporters lose ground; MUFG falls

TOKYO, Nov 19 - Japan's Nikkei average fell 0.4 percent on Thursday as Honda Motor Co and a broad range of exporters lost ground.  Full Article  

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Japan's Nikkei steady, banking shares slip

TOKYO, Nov 18 - Japan's benchmark Nikkei average held steady on Wednesday, but a broad swathe of sectors including banking shares slipped even though U.S. stocks hit 13-month highs the previous day.  Full Article 

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Nikkei edges up 0.1 pct as exporters gain

TOKYO, Nov 16 - Japan's Nikkei stock average rose 0.1 percent on Monday, buoyed by exporters such as Toyota Motor Co after Wall Street edged higher on encouraging results for the retail sector and hopes for the holiday shopping season.  Full Article  

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