Skymark shares plunge 88% on Tokyo Stock Exchange

Feb 2, 2015

Skymark shares plunge 88% on Tokyo Stock Exchange

Shares in Skymark Airlines Inc., which filed for bankruptcy last week, suffered a record plunge Monday after the Tokyo Stock Exchange scrapped the daily price fluctuation limit. They slumped 88 percent to ¥19 as of the close. The stock fell as low as ¥16 ...

Apple stock falls 3% amid new iPhone glitches

Sep 26, 2014

Apple stock falls 3% amid new iPhone glitches

Apple’s stock fell nearly 3 percent on Thursday, after some customers complained that a software update interfered with voice calls on their new iPhones, while others noted that the larger iPhone model could be vulnerable to bending. The stock decline led a broader decline ...

Mar 27, 2014

Flush Toyota ends pause in buybacks

Toyota Motor Corp. said it will buy back stock for the first time in five years as its cash pile swells and profit climbs. It will repurchase as many as 60 million shares, equivalent to a 1.9 percent stake, for ¥360 billion, according to ...

Governments not ready for disaster

Mar 9, 2014

Governments not ready for disaster

As many as 22 percent of municipalities across the country do not have stockpiles of fuel to operate emergency generators for half a day or longer, according to a survey of major local governments. Of the 98 governments — prefectures, ordinance-designated major cities and ...

Mar 9, 2014

Politicians eye tax hike on capital gains

The government and the ruling parties are considering heavier taxes on stock dividends and capital gains to help cover a revenue drop from a possible cut in the effective corporate tax rate, Jiji Press has learned. The hike is expected to be presented to ...

Feb 9, 2014

NISA brokers get off to brisk start

Demand for the Nippon Individual Savings Account, Japan’s version of a British savings account program, has grown steadily since it was launched in early January. More than 4.75 million of the temporarily tax-exempt accounts have been set up since the program was launched on ...

Jan 6, 2014

Average cost for TSE stock: ¥324,000

The minimum cost for purchasing an issue listed on the first section of the Tokyo Stock Exchange was ¥324,000 on average at the end of 2013, a recent tally shows. That’s 25.6 percent higher than the ¥258,000 logged in 2012, but the gain is ...

Mar 7, 2013

Nikkei briefly tops 12,000 line last seen in '08

The Nikkei ended at a fresh 53-month high Thursday, supported by the Dow Jones industrial average’s advance to a new all-time high overnight, but it trimmed gains after rising above the 12,000 mark. The 225-issue Nikkei posted a six-session winning streak, ending up 35.81 ...