Japanese shares led a tentative recovery in Asian shares on Tuesday, drawing some support from two U.S. blockbuster acquisitions and anticipation of more European monetary stimulus.
Asia/Pacific
Japanese stocks rise on recovery hopes, BOJ meet in focus
Japanese stocks rose on Wednesday as investors held out hope for more robust growth after Prime Minister Shinzo Abe delayed a tax hike and called an early election to seek a fresh mandate for his aggressive policies to shore up the economy.
Monetary policy divergence to drive forex markets in 2015
With US Fed likely to increase the interest rates by mid 2015 and ECB and BoJ keeping their monetary policy accommodative, there could be major capital flows from euro area and Japan into the US and thereby leading to further strengthening of the US dollar.
Sony aims for hefty jump in movie, TV revenue over three years
Japan's Sony Corp (6758.T) said it is aiming to lift its movie and TV revenue by more than a third in the next three years as it cuts costs and invests in potential hit films, including a new Spider-Man movie.
Asia stocks sag while Japan rebounds, euro dips
Asian stocks sagged on Tuesday amid profit taking in Hong Kong and Chinese markets, while Tokyo shares rebounded on expectations that Japan will opt for a snap election that may lead to fresh stimulus measures.
Latest News
Japan’s gross domestic product shrank by 1.6 percent in an annualized basis in the quarter ending in September, according to the preliminary report released by Cabinet Office.
Apple Inc's app store in China now accepts payments made using China's UnionPay credit and debit cards, the iPhone maker said on Monday, making purchases easier for users in Apple's second-largest app market.
Singapore's second-largest taxi operator Trans-cab said on Monday it was scrapping its planned initial public offering (IPO) three days before its shares were due to start trading.
China should support its e-commerce industry with preferential policies, given the role it plays in stimulating domestic consumption and economic growth, China's State Council said in a paper released on Sunday.
Chips from Taiwan's MediaTek Inc were mostly passed over by the big phone brands a decade ago, with the likes of Nokia and Motorola commanding legions of in-house engineers who could advise on electronics and circuitry.
International buyers snapped up Chinese stocks on Monday at the debut of an exchange link that allows Hong Kong and Shanghai investors to trade shares on each other's bourses, a major step towards opening China's tightly controlled capital markets.
Japanese stocks skidded on Monday, helping the yen rebound from a fresh seven-year low against the dollar touched after news Japan unexpectedly fell into recession in the third quarter.
About 160 Chinese health workers arrived on Saturday in Liberia, where they are due to staff a new $41 million Ebola clinic that, unlike most other foreign interventions, is being built and fully run by Chinese personnel.
The U.S. Food and Drug Administration said on Friday it expects China, after almost two years of delays, to soon approve visas that will allow the agency to more than double its staff in China.
