stocks

Business / Financial Markets May 7, 2021

Tokyo stocks manage to extend gains on overseas strength

The Nikkei average of 225 issues listed on the first section of the Tokyo Stock Exchange inched up 26.45 points, or 0.09%, to end at 29,357.82.

Business / Financial Markets May 6, 2021

Tokyo stocks rally on buybacks

Tokyo stocks staged a powerful rally Thursday, attracting buybacks following their falls before the Golden Week holiday period in Japan. The 225-issue Nikkei average surged 518.74 points, or 1.80%, to end at 29,331.37. On Friday, the key market gauge dropped 241.34 points. The Topix index of ...

Business May 3, 2021

Retail investors vow war if short sellers end South Korea stock rally

by Youkyung Lee

The Korea Stockholders Alliance has vowed to gather day traders into a force to fight short sellers — much the same way their U.S. peers took on Wall Street over GameStop.

Business / Financial Markets Apr 30, 2021

Tokyo stocks slip on weak earnings reports and position-squaring

Tokyo stocks dipped Friday, pressured by some firms' worse-than-expected earnings reports and position adjustments ahead of the market holiday period through Wednesday. The 225-issue Nikkei average fell 241.34 points, or 0.83%, to end at 28,812.63, following a rise of 62.08 points Wednesday. The Tokyo market ...

Business / Financial Markets Apr 28, 2021

Tokyo stocks rise on earnings reports

Tokyo stocks gained Wednesday, led by issues of companies that released their earnings reports the day before. The 225-issue Nikkei average climbed 62.08 points, or 0.21%, to end at 29,053.97, after shedding 134.34 points Tuesday. The Topix index of all first section issues advanced 5.51 points, ...

Business / Corporate Apr 28, 2021

Sony plans $1.8 billion buyback as profit misses estimates

by Vlad Savov and Takashi Mochizuki

Sony’s shares have surged since a trough in March 2020, propelled by the increase in gaming and mobile activity.

Business / Corporate Apr 28, 2021

SoftBank nears end of ¥2.5 trillion buyback, imperiling bull run

by Pavel Alpeyev

In March, shares fell even as more money was spent on re-purchases, the overall markets advanced and SoftBank’s profit for the March quarter was expected to hit a record.

Business / Financial Markets Apr 27, 2021

Tokyo stocks turn lower amid slow trading

Tokyo stocks weakened Tuesday as investors continued to stand on the sidelines ahead of corporate earnings releases by major Japanese companies. The 225-issue Nikkei average slipped 134.34 points, or 0.46%, to end at 28,991.89. On Monday, the key average climbed 105.60 points. The Topix index of ...

Commentary / World Apr 27, 2021

When the CEO’s son makes $3 million, I worry

by Michelle Leder

Transactions with related parties, which include both relatives of and entities controlled by company insiders, have a long and checkered history.

Business / Financial Markets Apr 26, 2021

Tokyo stocks rebound on buybacks

Tokyo stocks turned up Monday, with coronavirus-sensitive names attracting buybacks reflecting expectations for the effects of a fresh coronavirus state of emergency in Tokyo, Osaka and two other prefectures. The 225-issue Nikkei average climbed 105.60 points, or 0.36%, to end at 29,126.23, after shedding 167.54 ...