Search Results for: asian
Sony to end $277m Fifa sponsorship
November 25th, 2014
Fifa’s $35m annual income from Sony’s sponsorship could be about to come to an end, as the Japanese tech giant opts not to renew its contract with football’s governing body. According to leading Japanese business paper Nikkei Asian Review, ...
Yen Strengthens on Kuroda Comments as Energy Stocks Slip
November 25th, 2014
Japan’s yen climbed after a speech by central bank Governor Haruhiko Kuroda, and the cost of insuring Japanese debt against default fell the most in two weeks. Asian energy producers retreated as oil held declines before a meeting of ...
Euro Near Two-Year Low as Ifo to Spur Draghi Push; Aussie Gains
November 24th, 2014
The euro was near a two-year low versus the dollar before a German report that economists said will show business confidence declined for a seventh month. The shared currency held declines against most major peers after European Central Bank ...
Japan Elections Bring Noise, White Gloves and Stock Gains
November 19th, 2014
When an election is called in Japan, this is what happens: candidates with megaphones roam streets in minivans, party leaders give speeches outside Tokyo train stations, and stocks gain until polling day. In 11 elections since 1980, the Topix ...
G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy
November 17th, 2014
Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical ...
Gold Demand in China Slumps 37% Amid Drive to Root Out Graft
November 13th, 2014
Gold demand in China shrank for a third quarter as slumping prices failed to boost the purchases of bars, coins and jewelry in the world’s biggest user and officials pressed on with a nationwide anti-graft campaign. Buying by Asia’s largest economy ...
U.S. and China Reach Deal on Climate Change after Months of Talk
November 12th, 2014
China and the United States made common cause on Wednesday against the threat of climate change, staking out an ambitious joint plan to curb carbon emissions as a way to spur nations around the world to make their own cuts in ...
London pre-open: Little change expected on FTSE ahead of opening bell
November 11th, 2014
UK stocks are expected to kick-off Tuesday’s session with limited gains as investors await direction ahead of what is expected to be another fairly quiet session beyond corporate news. City sources predict the FTSE 100 will open around five ...
Yuan Bears Say Record Dollar Debt to Fuel Decline: China Credit
November 7th, 2014
Yuan bears have added Chinese companies’ record dollar borrowings to the list of reasons why the currency may weaken. Chinese firms raised $196 billion from loans and bonds this year, 11 times more than the $17.7 billion of 2008, ...
Australia 200 – Consolidates Above Support at 5500
November 7th, 2014
Australia 200 for Friday, November 7, 2014 The Australia 200 index has enjoyed a solid resurgence over the last month after getting much needed support from the 5200 level, which has resulted in it moving back above the 5400 ...