Industry
Kawasaki Heavy Industries Accepts Merger Option
Kawasaki Heavy Industries is open for merger option but has not made formal moves despite report from Nikkei newspaper.
SDA Rates Cut by Bangko Sentral ng Pilipinas
SDA rates cut by Bangko Sentral ng Pilipinas to limit inflows and increase outflows. For the third time this year, the Philippines has cut rates it pays on special deposit accounts in an effort to curb capital inflows and prevent asset bubbles.
Infosys Openness Causing Dislocation
Infosys, the paragon of market guidance, has now experienced the shock of falling share values because of failed earnings expectations.
Nintendo and Canon report losses
Despite Nikkei highs, two major companies report losses for the period. The Nikkei index of Japan is now nearing a five year high as the share average jumped higher in the day's trading.