OTC Capital Partners » Tokyo

Asian shares gain, euro steadies as Greek talks in final stage

Reuters: Business News — Wed, 08 Feb 2012 08:01:55 +0000

TOKYO (Reuters) – Asian shares hit their highest level in more than five months on Wednesday and the euro hovered close to an 8-week high as investors kept hopes alive for an agreement on details of a new Greek bailout package despite further delays.

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Toyota raises annual profit forecast, eyes recovery

Reuters: Business News — Tue, 07 Feb 2012 10:21:23 +0000

TOKYO (Reuters) – Toyota Motor Corp raised its full-year profit forecast by more than a third as it cuts costs, trims spending and expects Japanese government schemes to boost sales, though the guidance was still some way below analysts’ expectations.

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Greece wrangling tempers market momentum; RBA holds rates

Reuters: Business News — Tue, 07 Feb 2012 05:20:04 +0000

TOKYO (Reuters) – Markets edged down on Tuesday as Greek resistance to the strict conditions attached to a bailout fund sapped recent momentum spurred by hopes the global economy is improving, and the euro eased on renewed fears of a messy debt default.

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Olympus ex-CEO Woodford sees more revelations

Reuters: Business News — Mon, 06 Feb 2012 09:30:18 +0000

TOKYO/LONDON (Reuters) – Official investigations into a massive fraud at Japan’s Olympus Corp are highly likely to lead to further revelations on the scandal soon, according to the firm’s former chief executive, Michael Woodford, who blew the whistle on the affair.

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Asian markets hold ranges before U.S. jobs data

Reuters: Business News — Fri, 03 Feb 2012 02:11:07 +0000

TOKYO (Reuters) – Asian shares and major currencies were stuck in ranges on Friday ahead of key U.S. jobs data, which will offer more clues over the state of the world’s largest economy, while Greek debt restructuring talks dragged on.

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Sony names Hirai president and CEO, replacing Stringer

Reuters: Business News — Wed, 01 Feb 2012 13:50:43 +0000

TOKYO (Reuters) – Sony Corp named Vice President Kazuo Hirai as president and CEO, replacing Howard Stringer who will step down from day-to-day management in a long-expected change for a company struggling to regain its driving force in consumer electronics.

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Stocks pressured by growth worries, focus on PMIs

Reuters: Business News — Wed, 01 Feb 2012 07:10:03 +0000

TOKYO (Reuters) – Asian stock markets struggled on Wednesday as weaker U.S. data damped down recent optimism that the world’s largest economy may escape the gloom from the euro zone debt crisis, while Chinese manufacturing surveys failed to break the cautious mood.

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Asian shares, euro recover on Greek debt hope, Portugal weighs

Reuters: Business News — Tue, 31 Jan 2012 07:51:44 +0000

TOKYO (Reuters) – Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal’s refinancing ability capped gains.

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Honda foresees big annual profit fall on disasters, yen

Reuters: Business News — Tue, 31 Jan 2012 07:51:20 +0000

TOKYO (Reuters) – Honda Motor Co posted a 65 percent slide in quarterly operating profit on Tuesday and forecast the same drop for the full year, when natural disasters in Japan and Thailand hit it harder than rivals.

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Japanese carmaker Honda’s Q3 seen hit by disasters, yen

Reuters: Business News — Mon, 30 Jan 2012 23:30:19 +0000

TOKYO (Reuters) – Honda Motor Co is expected to report a double-digit slide in quarterly operating profit on Tuesday and forecast a still larger drop for the full year, as natural disasters in Japan and Thailand hit it harder than rivals.

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