Aug 11, 2014

Japanese stocks rebound sharply on buybacks

Stocks bounced back sharply Monday, with the Nikkei 225 average retaking 15,100 at the close on the back of massive buybacks after a tumble Friday. The Nikkei ended up 352.15 points, or 2.38 percent, at 15,130.52. The Topix climbed 24.25 points, or 1.97 percent, ...

Aug 6, 2014

Governance fix needed at GPIF before asset change, Shiozaki says

As the world’s biggest pension manager moves closer to putting more money in risky assets, the ruling Liberal Democratic Party’s deputy policy chief says the fund needs to change its governance first. Japan should submit a bill in the next Diet session to overhaul ...

| Aug 4, 2014

Tokyo stocks drop on weak Wall Street

Stocks slumped moderately Monday, weighed down by selling triggered by weaker New York equities late last week, but their downside was solid thanks to buying on dips. The Nikkei 225 average lost 48.61 points, or 0.31 percent, to end at 15,474.50. On Friday, the ...

Employers added 209,000 jobs to U.S. economy in July: report

Aug 2, 2014

Employers added 209,000 jobs to U.S. economy in July: report

A sixth straight month of solid 200,000-plus U.S. job growth in July reinforced growing evidence that the economy is accelerating after five years of sluggish expansion. Employers added 209,000 jobs last month. Though that was fewer than in the previous three months, the economy ...