May 8, 2014

Nikkei stages rebound on Dow's coattails

Tokyo stocks staged a rebound Thursday, helped by buybacks after tumbling the previous day. The Nikkei 225 average climbed 130.33 points to close at 14,163.78. On Wednesday, the key market gauge plunged 424.06 points. The Topix rose 8.00 points to close at 1,160.01 after ...

May 7, 2014

Nikkei ends at three-week low on N.Y. fall

The Nikkei 225 average hit a three-week closing low Wednesday, bruised by selling on the back of weakness in New York equities and the yen’s appreciation. The key market gauge tumbled 424.06 points, or 2.93 percent, to close at the day’s low of 14,033.45, ...

China's Alibaba Group aiming to raise $1 billion in IPO

May 7, 2014

China's Alibaba Group aiming to raise $1 billion in IPO

Alibaba Group, China’s leading e-commerce company, is dangling a deal that could turn into one of the biggest IPOs in U.S. history. In a long-awaited move made Tuesday, Alibaba filed papers for an initial public offering of stock seeking to raise at least $1 ...

May 2, 2014

Nikkei falls back slightly on profit-taking moves

The benchmark Nikkei average retreated slightly on the Tokyo Stock Exchange on Friday, hit by selling to lock in profits after the previous day’s surge. The Nikkei 225 average ended down 27.62 points, or 0.19 percent, at 14,457.51. But the Topix recouped earlier losses ...

Apr 18, 2014

Nikkei inches up amid thin pre-Easter trading

Stocks gained ground Friday in extremely thin trading ahead of the weekend and holiday closures in overseas markets. The 225-isssue Nikkei average ended up 98.74 points, or 0.68 percent, at 14,516.27. On Thursday, the key market gauge edged down 0.15 point. The Topix index ...

Weibo's Nasdaq debut highlights Chinese censorship

| Apr 18, 2014

Weibo's Nasdaq debut highlights Chinese censorship

Weibo Corp. executives on Thursday toasted the Chinese social media firm’s debut at Nasdaq’s New York headquarters. Hours earlier in Beijing, Charles Xue, a Chinese-American venture capitalist and prominent Weibo user, celebrated a different kind of coming-out: his release after eight months in jail. ...

Apr 16, 2014

Stocks soar; Nikkei retakes the 14,000 mark

Stocks surged Wednesday on the heels of higher U.S. equities overnight, with the benchmark Nikkei average closing well above the psychologically important 14,000 line. The 225-issue Nikkei average ended up 420.87 points, or 3.01 percent, at 14,417.68, the first finish above 14,000 in four ...

Apr 15, 2014

Tokyo stocks rebound on higher U.S. equities

Stocks rebounded Tuesday from their recent rout, buoyed by higher U.S. equities and the yen’s weakening, but their topside was capped by a lack of fresh buying incentives. The 225-issue Nikkei average ended up 86.65 points, or 0.62 percent, at 13,996.81, after two days ...

Tax-free NISA luring individual investors

Apr 11, 2014

Tax-free NISA luring individual investors

by Yoshiaki Nohara and Yuko Takeo

A spring downpour last week wasn’t enough to stop Norito Nagahama from heading to a central-Tokyo brokerage to study up on Japanese stocks. “I’m here because I need to learn about investment,” said Nagahama, 39. “You get little out of bank savings.” The biggest ...

Apr 10, 2014

Futures-led selling sees Nikkei shed early gains

Stocks closed almost unchanged on the Tokyo Stock Exchange on Thursday, with early gains after four days of losses wiped out by futures-led selling in the afternoon. The Nikkei 225 ended up 0.43 point at 14,300.12. The Topix inched down 0.95 point to close ...