TOKYO Honda Motor Co (7267.T) said on Friday it would restate its financial results for the last business year, to account for about $360 million in additional costs to pay for an expanded recall of cars equipped with air bag parts made by Takata Corp (7312.T)... More »
TOKYO Asian shares extended losses on Monday as weak Chinese imports increased concerns over a slowdown in the world’s second largest economy, while the dollar was steady after U.S. jobs data raised chances for a U.S. interest rate hike as early as September. ... More »
NEW YORK Apple Inc will announce its new music streaming service on Monday, according to remarks by the chief executive of Sony Music, Doug Morris, VentureBeat reported on Sunday. The announcement by Apple will be made during its Worldwide Developers Conferenc... More »
TOKYO The dollar ascended to a new 12-1/2-year peak against the yen on Tuesday, while Asian shares fell for a second day as the stronger greenback pressured commodity prices. But financial spreadbetters predicted a brighter day in Europe, with Britain’s FTSE 1... More »
TOKYO/SYDNEY The dollar scaled a fresh 12-1/2 year high against the yen on Tuesday, breaching a key threshold along the way as it extended a strong run after upbeat U.S. data. Dollar bulls latched onto a survey showing a pick up in U.S. manufacturing activity ... More »
NEW YORK The U.S. dollar gained on Monday after a round of economic data kept expectations alive for an interest rate hike from the Federal Reserve this year, while the euro fell on worry about Greece’s financial crisis and soft euro zone data. The strengtheni... More »
TOKYO Asian shares edged higher on Monday but gains were capped by concerns that market volatility may intensify as the U.S. central bank prepares to raise interest rates for the first time in six years. U.S. Federal Reserve Chair Janet Yellen indicated on Fri... More »
TOKYO Asian shares rose on Friday, on track for a solid weekly gain, as investors awaited more U.S. data later in the session for clues on the timing of the U.S. Federal Reserve’s interest rate hike. Financial spreadbetters predicted a steady but lackluster st... More »
TOKYO Bank of Japan Governor Haruhiko Kuroda said on Friday he did not see any immediate need for further monetary easing as the broad trend of inflation is improving steadily. He also rejected the need to review the two-year timeframe for hitting the bank’s 2... More »
TOKYO Honda Motor Co could see an impact on sales in Japan from its plans to recall some 5 million cars to replace potentially fatal air bags made by Japan’s Takata Corp, a top executive said on Friday. Senior Managing Officer Sho Minekawa, who oversees Honda’... More »
NEW YORK German bond yields climbed on Tuesday on optimism that inflation may have bottomed in the euro zone, lifting demand for the euro, while volatility in global bond markets weighed on stock indexes. U.S. 10-year Treasury yields hit six-month highs before... More »
LONDON Government bonds sold off again on Tuesday, driving down stocks and helping push the euro sharply higher against the dollar. Traders struggled to explain fully the latest lurch higher in yields, which drove those on benchmark 10-year U.S. Treasuries US1... More »
TOKYO (Reuters) – A rally in Chinese stocks led Asian equities to 7-year highs thanks to expectations of more stimulus from Beijing with stellar earnings from a few U.S. hi-tech giants further underpinning a broadly positive mood. Some markets were slightly mo... More »
SYDNEY (Reuters) – Chinese shares fought to sustain yet another seven-year peak on Tuesday a day before the country updates on economic growth, while much of the rest of Asia took a breather after recent hefty gains. A surprise decision by Singapore’s central ... More »
LONDON (Reuters) – World stocks marched higher again on Thursday, drawing support from European auto sales and German trade data, while expectations that the first U.S. interest rate increase will come in the latter part of the year continue to grow. Investors... More »
TOKYO (Reuters) – Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. Federal Reserve would hike interest rates anytime soon. Major European markets were closed fr... More »
