Australian and Asian Report 17th March 2011
Asian markets are trading lower this morning, as the worsening crisis at Japan nuclear reactor dampened market sentiments. In Japan, exporters, Toyota, Fanuc and Canon, traded lower, amid concerns that a stronger yen would hurt their profits. Financial stocks, Mitsubishi UFJ Financial Group, Mizuho Financial Group and Tokio Marine [...]
Australian and Asian Report
Asian markets are trading higher this morning, led by gains in chipmakers and technology stocks. In Japan, auto makers, Toyota Motor and Nissan Motor, paced gains, after Kyodo news agency reported that the latter is backlogged with orders for its Leaf electric car. Elpida Memory led the chipmakers higher, after Nikkei Daily [...]