Austalian and Asian report 26th April 2011

Asian markets are trading lower this morning, affected by lower commodity prices and disappointing company updates. In Japan, shares of Nintendo and Nidec slumped, after the both the companies’ projection of net income came below market expectations. Automakers, Toyota and Honda Motor traded lower, as S&P cut its outlook [...]

Australian and Asian Report 21st April 2011

Asian markets are trading higher this morning, as positive earnings reports from a spate of major US companies spurred optimism in the global economic recovery. In Japan, technology stocks, Sony and Renesas Electronics, traded higher, as their US peer, Qualcomm, reported profit which topped market expectations. Nissan Motor rose, [...]

Australian and Asian Report 20th April 2011

Asian markets are trading higher this morning, on hopes of a faster global economic recovery, after US housing starts data and corporate earnings reports exceeded market expectations. In Japan, chip makers, Advantest and Tokyo Electron, traded higher, after their US peer, Intel, projected higher-than-expected quarterly revenues. Exporters, Fanuc and [...]

Australian and Asian Report 19th April 2011
Asian markets are trading lower this morning, as a US long-term credit outlook downgrade by S&P’s, and ongoing worries about European sovereign debt woes dented sentiment among investors. In Japan, exporters, Toyota Motor and Canon, traded lower, as the yen strengthened against the dollar. Among other stocks, lower oil [...]

Australian and Asian report 18th April 2011

Asian markets are trading mostly lower this morning, as China increased banks’ reserve requirements to curb the spiking inflation, and after central bank Governor, Zhou Xiaochuan, stated that monetary tightening would persist for “some time”. In Japan, exporters, Sony, Canon and TDK Corp., traded lower, as the yen strengthened [...]

Australian and Asian Report 13th April 2011
Asian markets are trading higher this morning, as gains in carmakers and airlines managed to eclipse losses in metal and oil stocks. In Japan, the Nikkei 225 index fluctuated between gains and losses, with carmakers such as Honda Motor and Nissan Motor benefiting from a positive review from Nomura [...]

Australian and Asian Report 12th April 2011
Asian markets are trading lower this morning, after Japanese nuclear-safety authorities raised their evaluation of the emergency at the Fukushima Daiichi power plant to level 7, the same level as the 1986 Chernobyl disaster. In Japan, technology stocks and automakers came under selling pressure, amid renewed worries about the [...]

Australian and Asian Report 11th April 2011
Asian markets are trading mostly lower this morning, following profit booking and weak Japanese machinery orders data. In Japan, concerns over post-earthquake resumption of production affected the shares of Sony and Sharp. Carmakers, Toyota and Honda Motor, traded lower, as Citigroup downgraded the companies to “Sell” from “Buy”. However, [...]

Australian and Asian Report 8th April 2011

Asian markets moved strongly overnight after the Japanese Aftershocks.  After yet again more tectonic movement, markets were exceptionally volatile.
TREASURER Wayne Swan has officially rejected Singapore Exchange’s proposed takeover of the ASX, saying it was a “no brainer” that the deal was contrary to the Australian interest.
ASX Ltd and [...]

Australian and Asian Report 7th April 2011

Asian markets are trading mostly lower today, as investors remained cautious, ahead of announcement from the bank of England and European Central Bank. In Japan, exporters, Toyota Motor and Canon, traded higher, as the yen weakened yesterday to near a six-month low against the dollar, on speculation the Bank [...]