Asia stocks lower, dollar surges against yen (AP)

By admin on October 31st, 2011

A TV cameraman films monitor screens displaying abrupt surge of the U.S. dollar currency rate against the Japanese Yen traded on the Tokyo foreign exchange market at a dealing room in Tokyo Monday, Oct. 31, 2011 after Japanese monetary authorities intervened in the currency market to weaken the yen. Monday's action, confirmed by Finance Minister Jun Azumi, came after the Japanese currency had surged to a post-World War II high of 75.32 yen against the dollar earlier Monday. By 11:45 a.m., Tokyo time, the dollar has risen sharply to 79.19 yen. (AP Photo/Koji Sasahara)AP – Asian stock markets were mostly lower Monday as investors shifted their focus from Europe’s debt woes to the strength of the U.S. economy. Japan sold the yen to limit its export-sapping strength.


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Asian stocks jump as Japan reports exports growth (AP)

By admin on October 24th, 2011

FILE - In this Oct. 21, 2011 file photo, activist musician Pete Seeger, 92, left, marches with his grandson Tao Rodriguez-Seeger, right, and nearly a thousand demonstrators sympathetic to the Occupy Wall Street protests for a brief acoustic concert in Columbus Circle, in New York. The demonstrators marched down Broadway singing 'This Little Light of Mine' and other folk and gospel songs while ad-libbing lines about corporate greed and social justice. (AP Photo/John Minchillo, File)AP – Asian stock markets jumped Monday, buoyed by hopes of progress in resolving Europe’s debt crisis and positive export figures from Japan that point toward a recovery from a devastating tsunami earlier this year.


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Japan’s Tepco to sell 20 percent stake in wind power unit: repor (Reuters)

By admin on October 23rd, 2011

A man is seen behind the logo of Tokyo Electric Power Co. (TEPCO) at the company's headquarters in Tokyo April 20, 2011. REUTERS/Kim Kyung-HoonReuters – Tokyo Electric Power Co is likely to sell a 20 percent stake in wind power developer Eurus Energy Holdings to trading firm Toyota Tsusho to help raise funds to compensate victims of Japan’s nuclear crisis, a newspaper said on Sunday.


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Japan’s Tepco to sell 20 percent stake in wind power unit:Nikkei (Reuters)

By admin on October 23rd, 2011

Reuters – Tokyo Electric Power Co (9501.T) is likely to sell a 20 percent stake in wind power developer Eurus Energy Holdings to trading firm Toyota Tsusho (8015.T) to help raise funds to compensate victims of Japan’s nuclear crisis, a newspaper said on Sunday.

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Honda eyeing first Russian car plant – Nikkei (Reuters)

By admin on September 18th, 2011

A worker rides a bicycle past a Honda auto parts manufacturing plant in Foshan, Guangdong province June 2, 2010. REUTERS/StringerReuters – Honda Motor (7267.T) plans to set up its first assembly plant in Russia, the Nikkei business daily reported on Sunday, as Japan’s No.3 automaker looks to lift its competitiveness in the fast-growing auto market.


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Asian stocks muted after Japan credit downgrade (AP)

By admin on August 24th, 2011

Bank of America Merrill Lynch traders work on the floor of the New York Stock Exchange, Tuesday, Aug. 23, 2011, in New York. The Dow Jones industrial average gained 322.11 points, its biggest gain in almost two weeks. (AP Photo/Henny Ray Abrams)AP – Asian stock markets wavered Wednesday after Moody’s downgrade of Japan’s credit rating and weak U.S. home sales figures offset positive sentiment from a day of big gains on Wall Street.


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Asian markets lower on Japan credit downgrade (AP)

By admin on August 24th, 2011

Office workers evacuated from buildings on Wall Street in New York stand outside after a magnitude 5.9 earthquake which struck the US East Coast August 23, 2011. REUTERS/Lucas Jackson (UNITED STATES - Tags: DISASTER ENVIRONMENT)AP – Asian stock markets gave up early gains Wednesday after Moody’s Investors Service downgraded Japan’s credit rating.


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Asian stock markets down amid economic pessimism (AP)

By admin on August 18th, 2011

A man walks by an electronic stock board of a securities firm in Tokyo Thursday, Aug. 18, 2011. Japan's benchmark Nikkei 225 fell 37.74 points, or 0.4 percent to 9,019.52 in the morning after the finance ministry said exports fell 3.3 percent from a year earlier to 5.78 trillion yen ($75.6 billion). The downturn was largely due to the strengthening yen and the ongoing impact of the March 11 earthquake and tsunami. (AP Photo/Koji Sasahara)AP – Asian stocks sank Thursday after an uneven day on Wall Street added to pessimism about the global economic outlook and Japan announced that exports had fallen for the fifth straight month in July.


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