| Jul 1, 2015

Tokyo stocks rise on BOJ's tankan results

Stocks gained ground on the Tokyo Stock Exchange Wednesday, supported by stronger-than-expected results in the Bank of Japan’s tankan quarterly business sentiment survey. The 225-issue Nikkei average gained 93.59 points, or 0.46 percent, to close at 20,329.32. On Tuesday, the key market gauge rose ...

Sony shares nosedive as investors question fundraising drive

Jul 1, 2015

Sony shares nosedive as investors question fundraising drive

Sony Corp.’s plan for its first share sale in 26 years is straining investors’ faith in Chief Executive Officer Kazuo Hirai’s ability to deliver on growth promises. The company plans to raise about ¥440 billion ($3.6 billion) by selling common stock and convertible bonds ...

| Jun 30, 2015

Nikkei rebounds on buybacks

Stocks turned higher in Tokyo on Tuesday thanks to buybacks after the previous day’s plunge. The 225-issue Nikkei average rose 125.78 points, or 0.63 percent, to end at 20,235.73. On Monday, the key market gauge dived 596.20 points. The Topix finished up 5.58 points, ...

| Jun 25, 2015

Tokyo stocks drop on profit-taking

Stocks fell back on the Tokyo Stock Exchange on Thursday, hurt by profit-taking following a rapid recent rise. The 225-issue Nikkei average lost 96.63 points, or 0.46 percent, to end at 20,771.40. On Wednesday, the key market gauge climbed 58.61 points to mark the ...

Netflix shares soar, set to be split 7-for-1

Jun 24, 2015

Netflix shares soar, set to be split 7-for-1

Online television streaming titan Netflix announced plans Tuesday for a 7-to-1 split of its high-flying shares of stock. The Netflix board approved a plan to award six shares for each common stock share owned as of July 14 of this year, the California-based company ...

| Jun 23, 2015

Nikkei closes at 15-year high

The benchmark Nikkei 225 average closed at the highest level in some 15 years and two months on Tuesday, buoyed by large-lot purchases from foreign investors amid easing worries about the Greek debt crisis. The Nikkei advanced 381.23 points, or 1.87 percent, to close ...