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India
ID theft tops lists of frauds in personal finance
Identity fraud and identity theft top the list of frauds in personal loan segments in India.
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India
Sensex slumps 262 points to end at 21-month low
Falling for a third straight session, the benchmark BSE Sensex slipped by 262 points on Wednesday to close at a 21-month low of 23,758.90, as banks and realty sectors witnessed heavy selling pressure amid weak global cues.
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India
Centre hikes import tariff value on gold, silver
The government on Wednesday hiked the import tariff value on gold to USD 388 per 10 grams and that on silver to USD 487 per kg taking cues from global market. For the first fortnight of this month, the import tariff value on gold was fixed at USD 363 per ...
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Giappone
Asian markets extend rout as volatility returns
Asian stock markets took another battering on Wednesday, with Tokyo leading a day of sharp losses as investors grow increasingly concerned about the world economy and the possibility of a global recession.
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Giappone
Test flights resume for Mitsubishi Aircraft’s MRJ
Mitsubishi Aircraft Corp. on Wednesday resumed test flights for the Mitsubishi Regional Jet, the first Japanese-developed small passenger jet, after a halt of 2½ months. The MRJ took off from Nagoya Airport in the town of Toyoyama, Aichi Prefecture, at around 9:40 a.m. and returned to the airport at around ...
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Giappone
Nissan logs record profit from April to December on robust U.S., Europe sales
Nissan Motor Co. said Wednesday it logged a record-high group net profit of ¥452.84 billion for the April to December period as strong sales in North America and Western Europe more than offset weakness in emerging markets and at home. The figure marked a 33.7 percent rise from a year ...
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Giappone
Dollar easier below ¥115 in Tokyo on stock rout
The dollar was easier below ¥115 in Tokyo trading on Wednesday, as investors remained risk-averse due to continued falls in stock and crude oil prices. At 5 p.m., the dollar stood at ¥114.88-89, down from ¥115.29-30 at the same time Tuesday. The euro was at $1.1279-1280, up from $1.1182-1182, and ...
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Giappone
Stocks plunge for second day on soaring yen
Tokyo undergoes a second day of diving stocks as the yen strengthens amid an investor rush to safe-haven assets. The post Stocks plunge for second day on soaring yen appeared first on The Japan Times.
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Giappone
SoftBank profit down 88% amid Sprint struggle
SoftBank Group Corp., which is struggling to turn around its U.S. wireless carrier Sprint Corp., posted an 88 percent drop in third quarter profit. Net income fell to ¥2.3 billion ($20 million) in the three months ended Dec. 31, from ¥18.7 billion a year earlier, the company reported Wednesday. Sprint ...
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Giappone
Japanese investors in no mood for bargains amid banking rout
The nation’s cheapest stocks are proving anything but bargains. Unlike in the U.S., where high-valuation shares are being punished, in Tokyo it’s companies trading at less than the value of their net assets that are falling the fastest. Investors are dumping banks, insurers, shippers and steel producers as a global ...