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Mit Desinfektionsmittel verunreinigt
Gartenbauzentrale nimmt Bio-Produkte vom Markt
Papenburg – Ein erneuter Lebensmittelskandal scheint keine Gefahren für Verbraucher mit sich zu bringen: Die Gartenbauzentrale in Papenburg (Landkreis Emsland) hat 1,5 Millionen Bio-Produkte, die mit einem Desinfektionsmittel verunreinigt waren, vom Markt genommen. Dazu zählten vor allem Kräutertöpfe, aber auch Salat, Tomaten und Gurken....
12.07.2012
NTD
Japan: Prices Up, But Deflation Not Over
Japan's main price gauge rose for the first time in more than two years, but the country's battle with deflation is far from over. Core consumer prices rose 0.6 percent in the year to April, marking the first rise since December 2008. Factors such as rising commodity costs were behind the increase in the Consumer Price Index, but data shows...
27.05.2011
NTD
Sony Forecasts Nearly $1 Billion Profit for Current Year
Sony Corp forecast a net profit of $975 million U.S. dollars on Thursday for the year that started on April 1. The electronics and entertainment company says it expects to make an operating profit of about $2.4 billion U.S. dollars this business year. [Masaru Kato, CEO, Sony Corp.]: "Despite the negative effects from the earthquake in...
26.05.2011
NTD
Japan's Exports Tumble, Decline Slowing
Japanese exports tumbled in April as expected, but the data also shows the Japanese economy may be bottoming out. Exports fell 12.5 percent, led by a slump in auto output. This reinforces the view that the economy is headed for a third straight quarter of contraction for the April to June period. But analysts point out that the month-on-month...
25.05.2011
NTD
Japanese Economics Minister Lowers Growth Outlook
Japan's economics minister said Tuesday the country's growth is likely to slow to as low as 0.6 percent this current fiscal year, modifying a more upbeat forecast he had given just a week ago. Citing power supply constraints and deterioration in consumer and business confidence following the March quake, Kaoru Yosano lowered Japan's growth...
24.05.2011
NTD
Asian Shares Down on Euro Worries
Renewed worries in the euro-zone over the weekend sent stocks tumbling across Asia on Monday. The euro came under renewed selling pressure after Fitch Ratings on Friday cut Greece's debt ratings by three notches. The news was followed by Standard & Poor's announcement over the weekend that it was cutting its outlook for Italy from "stable" to...
23.05.2011
NTD
TEPCO Posts Record $15 Billion Loss
Japan's embattled power company, TEPCO, reported a net loss of $15 billion on Friday to account for the disaster at its Fukushima nuclear power plant. The power company's loss for the business year ending in March marked the biggest corporate loss ever in Japan outside of the financial sector. The company also said its president Masataka...
20.05.2011
NTD
Japan Slips into Recession; GDP Falls 0.9 Percent
The Japanese economy is officially in recession, after a worse-than-expected contraction in the first quarter. GDP fell 0.9 percent in the months from January to March, nearly double the forecast for a 0.5 percent contraction, as the March earthquake tore into capital spending, consumption and exports. The numbers translate into a 3.7...
19.05.2011
NTD
Sony Shares Fall, Company Suffers from Data Breach
Sony shares dropped as much as 1.8 percent on Wednesday after CEO Howard Stringer brushed aside allegations the company took too long to tell customers about a data breach. In stark contrast to the remorseful tone struck just two weeks ago, when senior Sony executives bowed in apology in Tokyo, Stringer fired back at critics. In his first...
18.05.2011
NTD
Honda Motor Recovery Gathering Pace in Japan
Japan's Honda Motor says the recovery in auto parts supply is gathering pace and the company is likely to return to normal production earlier than previously expected. Japan's No.2 automaker said last month it expected vehicle production to stay at about half its normal levels through the end of June, and to fully return to pre-earthquake...
17.05.2011
NTD
Asian markets were little affected by the International Monetary Fund chief's arrest on attempted rape charges in New York over the weekend. Japanese authorities were quick to seek to reassure the public that the IMF functions were not affected by the arrest of International Monetary Fund Chief Dominique Strauss-Kahn. [Yukio Edano, Chief...
16.05.2011
NTD
Japan's Benchmark Nikkei Average Hits Two-Week Low
Japan's Nikkei average hit a two-week low on Friday (May 13), as bank shares tumbled after the government spokesman said that banks are likely to be asked to ease troubled TEPCO’s loan burden. The benchmark Nikkei average closed, down 0.7 percent at 9,648, while the broader Topix fell 1.1 percent to just under 840. Shares in utilities also...
14.05.2011
NTD
Toyota Profits Down, Divided Opinion on Outlook
Toyota Motor posted a 52 percent fall in quarterly operating profits on Wednesday. As expected, the company did not give an annual forecast, as it struggles to measure the scope of the disruption to production after the March 11 earthquake. The world's biggest automaker is facing another tough year. A severe shortage of parts caused by...
12.05.2011
NTD
Toshiba Soars on Upbeat Outlook
Shares of Toshiba gained almost four percent Tuesday, after the company said it expects its annual operating profit to rise by 25 percent this year. Japan's biggest chipmaker says profits from its chip operations would more than double to $1.8 billion. This would put the company on track for a second straight year of record earnings. But...
10.05.2011
NTD
Beijing Consumers ‘Riot’ over New iPad
Something like a riot broke out at Beijing’s main Apple store as hoards of consumers struggled to purchase the newly-released iPad 2 tablet computer. Four people were taken to hospital and a glass door was smashed. The store in Beijing’s Sanlitun district opened on Friday to crowds of consumers who had been waiting for hours. Local...
09.05.2011
NTD
Gold Sales Up in Western India Ahead of Hindu Festival
Ahead of the Hindu festival Akshaya Tritiya, the demand for gold soars in the Rajkot district of India's Gujarat state. Goldsmiths and jewelers say that their business has improved in the past few weeks. There is more demand for the daily-wear ornaments, such as coins and lightweight jewelry, because they’re affordable and considered a safe...
06.05.2011
ntd
Chi-X Ends 20-Year ASX Monopoly
The 20-year monopoly of the Australian Securities Exchange (ASX) came to end on Wednesday (May 4), after Canberra gave final approval for a rival exchange run by Chi-X. The decision was welcomed by Chi-X, which intends to begin operations in the 4th quarter of the year. Chi-X first applied for an Australian license three years ago, but...
04.05.2011
ntd
Japan Passes $50 Billion Disaster Budget
On Monday, Japan's parliament passes a $50 billion emergency budget for disaster relief after the March 11 earthquake and tsunami. It's just a down payment on what will be the country's biggest public works effort in six decades. The budget passed unanimously in the lower house last Saturday and passed the opposition controlled lower house...
02.05.2011
ntd
Japanese Entrepreneur Takafumi Horie Heads to Jail
Once touted as a symbol of a new, dynamic Japan, 38-year-old entrepreneur Takafumi Horie is now heading to jail. Known for his celebrity lifestyle and aggressive takeover bids, Horie rattled corporate Japan, as he expanded Internet Company Livedoor into a conglomerate worth $6 billion at its peak. But this week, he lost his final appeal in a...
30.04.2011
ntd
iPad 2 Makes Delayed Japan Debut
Apple's iPad 2 finally landed in Japan on Thursday (April 28), a month behind the originally scheduled arrival date due to last month's earthquake. Still, the Japanese are among the earliest to receive the new tablet in Asia, and hundreds of fans thronged Apple stores in Tokyo before official opening hours, trying to be among the first to...
29.04.2011
ntd
77 Million PlayStation Accounts Hacked
Sony is the latest Japanese company facing criticism for its delay in disclosing a massive security breach of private customer data. The company said late on Tuesday that personal and security data of its 77 million PlayStation network users, including names, email addresses, passwords, logins, and credit card data may have been...
27.04.2011
ntd
Sony Unveils Two Android-based Tablet Computers
Latecomer Sony unveiled its first tablet computers Tuesday, taking a crucial step toward its ambitious goal of becoming the world's second biggest tablet maker after Apple. Even as rivals pushed out a slew of models over the past months, Sony took its time, emphasizing the need to differentiate its tablets from others. This patience has...
27.04.2011
NTD: inflation in china
Preissteigerung versus Lohnentwicklung: Chinas Arbeiter kämpfen ums Überleben
Es ist offensichtlich: Chinas Wirtschaft boomt. Doch ebenso Chinas Inflation. Im März war diese so hoch wie seit den letzten 32 Monaten nicht mehr. Und das ist für die Chinesen mit durchschnittlichen Einkommen ein ernstzunehmendes Problem. Preise für Lebensmittel und Dinge des täglichen Bedarfs erklimmen neue Höhen, während Löhne nur...
25.04.2011
ntd
The Australian dollar scaled 29-year peaks and South Korean shares touched a new record high on Monday, suggesting appetite for risk has not disappeared. Gold prices climbed to a new record for a seventh straight session, and silver surged to a 31-year high. Analysts say a weak dollar plus the volatile situation in the Middle East and...
25.04.2011
ntd
Rising Chocolate Prices Worry French Chocolate Makers
Preparations for Easter are in full swing - and for many people, that means eating a lot of chocolate. But in France, rising cocoa prices are threatening to take the spring out of the Easter Bunny's step, and local chocolatiers are suffering. [Geoffroy d'Anglejan-Chatillon, Managing Director, Maison du Chocolat]: "Easter represents...
21.04.2011
ntd
Manufacturers in India Ramping Up Operations
Before India opened up its economy, this was a rarity. Fast-forward 20 years, and this factory outside of New Delhi is pumping out a new color TV every few seconds. India has come a long way, says the COO of LG India. [Yasho V. Verma, Chief Operating Officer, LG India]: "India is known for a word in Hindi known as 'jugaad': for everything to...
21.04.2011
ntd
Global Carmakers Woo Chinese Consumers at Shanghai Auto Show
Concept cars, global launches, indigenous brands and electric vehicles are all set to grab the attention of Chinese consumers during the Shanghai Auto Show. Top automakers globally are focused on China, the world's largest auto market. Car sales there rose by a third last year to 13.8 million units. Volvo launched its new luxury car, the...
19.04.2011
ntd
Nissan Recalls 5,000 Leaf Vehicles, Shares Fall
Shares of Nissan underperformed the broader market Monday, after the Japanese automaker said it would recall its Leaf electric vehicles. Nissan was the biggest loser among Japan's top three carmakers, down as much as two percent, following the company's announcement that it would repair more than five thousand units of its Leaf electric...
19.04.2011
ntd
Japan Stocks End Marginally Lower
Japan's Nikkei stock average fell in thin trade on Friday, with chip stocks leading losses after ratings downgrades. Disappointing U.S. jobs data, concerns of further Chinese tightening, and the re-emergence of Europe's debt woes, have also weakened sentiment towards equities. The benchmark Nikkei average ended down 62.40 points at 9,591.52,...
16.04.2011
ntd
Japan's Corporate Confidence Plunges
Nearly two-thirds of Japan's companies have been negatively affected by the country's massive earthquake and tsunami. Disrupted production and supply chains are the key problems, which also sent corporate confidence in Japan to a record low in April. According to a Reuters poll of 400 large Japanese firms, business confidence fell back into...
15.04.2011
ntd
Japan Downgrades Economic Outlook
Japan lowered its economic outlook for the first time in six months, saying last month's devastating quake and tsunami would continue hurting the economy for some time. The Japanese government also downgraded its views on key economic aspects, like exports, industrial output and private consumption, all of which have been hurt by...
14.04.2011
ntd
South Korean Farmers Rally Against Free Trade Deal with EU
More than a thousand South Korean farmers rallied in Seoul on Tuesday urging the government to stop pursuing a free trade deal with the European Union. They’re concerned that an agreement would increase competition and ruin their business. The farmers say they're not ready to compete with advanced countries like those in the EU. [Lee...
13.04.2011
ntd
Downgrade Hits Japan's Auto Sector
Japanese automakers fell across the board on the Tokyo Stock Exchange Monday, after Citigroup slashed its rating on the country's auto sector. Citing lingering production uncertainty after the March 11th earthquake, Citi downgraded the shares of Japan's Big Three carmakers to a "sell". Shares of Toyota, Honda and Nissan closed over two...
12.04.2011
NTD
Japan's Nikkei Ends Week on High Note
Japan's benchmark Nikkei average ended the week on a high note, closing up 1.85 percent at 9,768.08 on Friday, while the broader Topix gained 1.43 percent to 853.13. The Nikkei rose after no further damage was reported at the crippled nuclear plant in northeast Japan following Thursday night's aftershock. Traders say the Nikkei gained...
09.04.2011
NTD
ASEAN Finance Ministers Meet in Bali, Indonesia
ASEAN finance ministers gathered for a two-day meeting in Indonesia's resort island of Bali on Thursday. They’ll discuss issues such as capital inflows, taxation, food security and the ASEAN Economic Community. The member countries aim to integrate the region's markets by 2015. The economic community’s blueprint has four major...
08.04.2011
NTD
Portugal Sovereign Debt Rating Downgrade Amid Bailout Call
Pressure keeps mounting on indebted euro zone country Portugal. Credit ratings agency Moody's has cut Lisbon's sovereign debt rating by one notch. And it says whichever government takes over after a upcoming election will need to urgently seek financial support from the European Union. The news knocked the euro off a five-month high against...
06.04.2011
NTD
Australia Defends ASX-SGX Rejection
Australia is facing growing criticism over its move to block a proposed takeover of its national stock exchange operator (ASX) by the Singapore exchange (SGX). Critics call the decision a political one, amid falling approval numbers for the ruling coalition. Apart from fears the Australian exchange would be left behind by global stock...
06.04.2011
NTD
Japan Stocks Slip, TEPCO Hits New Low
Japanese stocks fell on Tuesday, with the Nikkei average ending at 1.06 percent at 9615.55. The Tokyo Electric Power Company fell to an all-time low as workers battled to contain a radiation leak triggered by the massive earthquake and tsunami. The company's shares plunged as low as 18 percent to 362 yen on uncertainty over the safety...
06.04.2011
NTD
Nissan in Taiwan to Run Radiation Checks on Japan-made Auto Parts
According to a Taiwanese Nissan affiliate announcement on Tuesday, Nissan Motor will begin radiation checks on all car parts imported from Japan on April 1st. The move is attempt to reassure customers of product safety. A deputy PR manager of Yulon Nissan Motor says the company will conduct tests at three stages in the production...
30.03.2011
NTD
Tokyo Stock Market Ends Down as Nuclear Concerns Loom
Japan's Nikkei average slips, as investors remain wary over developments at a quake-smashed nuclear plant in the north. The benchmark Nikkei average closed down 0.60 percent at 9,478.53 on Monday, while the broader Topix gained 0.05 percent to 857.85. Domestic players kept off-loading holdings in Tokyo stocks or have already closed positions...
29.03.2011
NTD
Japanese Stocks End Flat as Nuclear Worries Persist
Japanese shares ended flat on Thursday, as persisting worries over a leaking nuclear plant impeded any optimism on the economy. In the short term, the market outlook is seen depending on whether Japan can safely stabilize the crippled Fukushima Daiichi plant. While in the long run, the market could fall under the weight of the damage from...
24.03.2011
NTD
Japan's Politics Worries Investors
Japan faces its toughest challenge since World War II. How it emerges from the crisis will depend on two leaders: Japan's prime minister, Naoto Kan, and his opposition rival, Sadakazu Tanigaki. They face an opportunity to stand united… or fall divided. Their relationship will be key in the wake of Japan's biggest natural disaster - one...
23.03.2011
NTD
Japan Inc Yet to Resume Production, Shutdown at Many Plants
More than a week after being hit by a devastating earthquake and tsunami, many of Japan's key automakers and electronics firms are struggling to resume operations. Affected operations are being felt down the global supply chain, as Japanese companies supply parts and components to other manufacturers worldwide. Production at Toyota's 12...
22.03.2011
NTD
G7 Pledge Lifts Dollar, Japan Stocks
The Group of Seven on Friday agreed for a rare joint currency intervention, pushing the dollar higher against the yen and lifting Japanese shares. The dollar moved further off a record low hit on Thursday of 76 yen, as the G7 buying plan came as a surprise to global investors. Japan's finance minister said the Bank of Japan had begun...
19.03.2011
NTD
Japan Markets Narrow Losses Amid Nuclear Crisis
Japan's broad TOPIX share index ended down 0.8 percent on Thursday after a volatile session, amid a deepening nuclear crisis and following the yen's surge to an all-time high versus the dollar. The yen spiked around four percent against the dollar, initially driven by speculation that Japanese insurers would have to repatriate funds to pay...
18.03.2011
NTD
Japan Stocks Rebound Despite Nuclear Concerns
Asian financial markets rallied on Wednesday. Tokyo stocks rebounded 5.7 percent after a steep two-day sell-off after Japan's killer earthquake and unfolding nuclear crisis. Other Asian stock markets were also higher. However, another fire at the Fukushima Daiichi nuclear plant and fears of more radiation leaks, kept investors on edge and...
16.03.2011
NTD
Japan Stocks Plunge as Nuclear Crisis Unfolds
As concern about the crippling economic impact of the nuclear and earthquake disasters mounts, Japanese watched as stocks plunged more than ten percent on Tuesday, compounding a slide of 7.6 percent the day before. The two-day fall has wiped $720 billion off the market. [Keisuke Yamazaki, Tokyo Resident]: "In the short term, there will be...
16.03.2011
NTD
Japan's Markets React Sharply to Earthquake Disaster
Japanese financial markets fell sharply on Monday, after the most devastating natural disaster in the country's history, as eyes at home and abroad turned to its nuclear power industry. With estimates of more than 10,000 casualties and over $100 billion in damages, investors looked for safe havens until specifics from the worst earthquake...
15.03.2011
NTD
Tokyo Stock Exchange Considers Merger With Osaka
Japan's largest stock exchange operator, the Tokyo Stock Exchange (TSE), may merge with its domestic rival, as it tries to stay ahead amid a wave of industry consolidation. Japanese media said the TSE is considering a merger with Japan's No.2, the Osaka Stock Exchange, and the two bourses would formally start talks soon. Sources say a...
12.03.2011
NTD
Toyota Shares Jump on $12 bln Profit Plan
Shares of Toyota Motor rose on Wednesday on a report the Japanese automaker aims to boost operating profit to over $12 billion within three years. Toyota looks to strengthen its ability to overcome a stronger yen and will step up cost-reduction efforts, the Nikkei business daily reported on Wednesday. By achieving a 5 percent or higher...
10.03.2011
NTD
Hitachi Shares Jump on $4.3 Billion Sale of Hard Drive Unit
Shares of Hitachi gained Tuesday after the Japanese electronics conglomerate agreed to sell its hard disk drive unit for $4.3 billion to Western Digital Corp. Under the transaction, the world's No. 2 hard drive maker, Western Digital, will pay $3.5 billion in cash and $750 million in stock for Hitachi Global Storage Technologies. Hitachi...
09.03.2011
NTD
HSBC Undecided on Relocation to Hong Kong
HSBC says news of a likely move of its headquarters from London to Hong Kong is entirely speculative and presumptuous. A Sunday Telegraph report said the bank was considering relocating to Asia because of high taxes and red tape, but HSBC responded by saying it preferred to stay in the UK. But the joint statement from Chairman Douglas Flint...
08.03.2011
NTDTV
Yahoo Eyes Softbank Joint Venture Exit
Yahoo is in advanced talks to exit its joint venture in Japan with Softbank and a deal to transfer its 35 percent stake in Yahoo Japan could come within a few weeks. People with knowledge of the discussions said a straightforward sale is unlikely for tax reasons and the parties are exploring other structures. The public value of the stake...
02.03.2011
NTDTV
Japan Budget Advances, Prime Minister Struggles to Find Support
Japan pushed through its key lower house a $1 trillion budget early Tuesday, but some MPs from Prime Minister Naoto Kan's own party boycotted the vote in a sign of his weakening clout. The widening rift in his Democratic Party of Japan is an embarrassment for the beleaguered premier struggling to enact policies and facing calls to...
02.03.2011
NTDTV
Oil Stabilizes, Supports Asia Shares
Oil prices stopped a sharp advance on Friday, adding stability to Asian share markets on ideas of limited economic impact. After vaulting more than 7 percent to almost $120, Brent oil prices pulled back, underpinning regional share markets after a drubbing this week. News that top world oil exporters Saudi Arabia is willing to plug any gaps...
27.02.2011
NTDTV
India's Budget to be Announced Monday
The spiraling cost of food is one problem the government of India is worrying about ahead of its annual budget. Double-digit food inflation has helped keep headline inflation stubbornly high at 8%. But this is taking center stage - a wave of corruption scandals that's led to the arrest of the Telecoms Minister, the questioning of leading...
25.02.2011
NTDTV
New Zealand Eyes Stable Markets After Quake
New Zealand financial authorities said they would work to ensure markets in the country remain stable in the wake of a devastating earthquake. Central Bank Governor Alan Bollard said on Wednesday it was monitoring financial markets after the country's second biggest city was hit by a quake that left at least 75 dead. He said the bank was...
24.02.2011
NTDTV
Honda Recalls Nearly 700,000 Cars
Honda is recalling nearly seven hundred thousand units of its Freed, Fit and City models globally to fix a defect. The models have a faulty spring that could cause the engine to fail to restart in the worst-case scenario. So far no accidents have been reported from the defect. Honda is recalling nearly 168-thousand Freed and Fit cars in...
18.02.2011
NTDTV
Bank of Japan Expects Moderate Recovery for Japan
The Bank of Japan raised its economic assessment Tuesday on signs that an end to stagnation is near, cheered by a rebound in exports and factory output. The move is seen as signaling that another monetary easing is not on the horizon, with interest rates already low in a range of zero to 0.1 percent. Driven by robust demand in fast-growing...
16.02.2011
NTDTV
Japan Comes in as Third Biggest Economy, Overtaken by China
Japan's economy shrank slightly in the final quarter of 2010, according to data released on Monday. Japan has now been officially overtaken by China as the world's second largest economy. But the Japanese Cabinet Secretary is upbeat about the country's per capita GDP. [Yukio Edano, Japanese Cabinet Secretary]: "Although we have been...
15.02.2011
NTDTV
Interest Rates on Hold, Korea and Australia
South Korea's central bank surprised markets by keeping interest rates unchanged on Friday, even as it acknowledged continuing inflationary trends. In a move reflecting Seoul's desire to maintain the country's export competitiveness, the Bank of Korea left interest rates at 2.75%. Economists add the central bank is also still assessing the...
12.02.2011
NTDTV
SGX-ASX Hopes Rise on New Mergers and Acquisitions
Shares of Australian stock exchange operator ASX soared over five percent Thursday, as a wave of consolidation swept global stock exchanges. With Deutsche Borse and the London Stock Exchange pursuing their own acquisitions, investors are hoping the Australian government would look favorably on the proposed $7.9 billion takeover by the...
10.02.2011
NTDTV
U.S. Motorists Face Long Wait for Nissan’s Electric Leaf
Nissan's all-electric car, the Leaf, has secured about eight thousand firm orders in the U.S., with the Japanese automaker saying it's ramping up production to meet deliveries. Unlike other cars, the Leaf bypasses dealers, and customers order via the Internet. As of September, Nissan had taken twenty thousand reservations, with eight...
09.02.2011
NTDTV
Toyota: Strong Yen Makes U.S. Market "Tough"
Japan's Toyota Motor sees a tough situation for U.S. sales with a strong Japanese yen affecting sales of its Lexus and Scion brands in particular. Toyota Motor sales president Jim Lentz says about 55% or more of its best-selling luxury brand, the Lexus, is still made in Japan. Its popular youth-oriented Scion brand is produced mainly in...
08.02.2011
NTDTV
Nomura Rides Japan Share Rally
Nomura Holdings said Thursday that third quarter operating profit jumped, helped by a yearend Japanese stock market rally. Japan's biggest brokerage, which is expanding in Asia, Europe and the U.S. after its purchase of part of Lehman Brothers in 2008, posted net profit of $164 million in the quarter. The benchmark Nikkei index gained 9.2...
04.02.2011
NTDTV
Chinas BIP 2010: Steigende Preise schüren Inflations-Sorgen
Chinas Bruttoinlandsprodukt wuchs im letzten Jahr um etwa 10 Prozent. Trotzdem verursachen steigende Preise Besorgnis bei den Chinesen, die zum chinesischen Neujahr einkaufen wollen. Laut offiziellen Zahlen des chinesischen Regimes stieg das Bruttoinlandsprodukt im vierten Quartal im Vergleich zum Vorjahresquartal um 9,8 Prozent. Dies...
02.02.2011
NTDTV
Chinese Tourists Give Japan Sales Lift
Diplomatic ties between China and Japan may be less than rosy, but Beijing visitors have given Tokyo's tourism and retail business a better complexion. During the Lunar New Year holidays, Japan is expected to see a surge in Chinese tourists, boosted by an earlier easing in visa regulations last July. That could be a boost for strapped...
02.02.2011
NTDTV
Egypt Unrest, Fear Hits Asian Stocks, Oil Up
Asian stock markets tumbled and crude futures climbed to a 28-month high near $100 a barrel Monday, as fears of greater unrest in the Middle East and choking energy prices sent investors rushing to reduce risk. More than one hundred people have been killed during six days of protests in Egypt. A wider conflagration in the region could...
01.02.2011
NTDTV
GM India Launches Smartech Engine
General Motors India launched its new made-in-India petrol engine on Thursday in New Delhi. The new engine is called a "Smartech" engine. The President and Managing Director of GM India says that the new engine was designed by Indian engineers specifically for Indian conditions and drivers. [Karl Slym, President, General Motors India]:...
28.01.2011
NTDTV
LG Electronics Posts Record Q4 Loss
Shares of LG Electronics pared losses after fears of sharper-than-forecast losses did not materialize. LG Electronics posted a record $220 million loss for the fourth quarter, a result higher than a consensus forecast, but below a $300 million loss estimate by top-ranked analysts who cover the company. The stock had dropped as much as four...
27.01.2011
NTDTV
China Prepares for Year of the Rabbit
With the Year of the Rabbit just days away, nature's floppy-eared bringers of good luck are a hot commodity among the Chinese community worldwide. Buyers are thronging stores and markets like this one in Beijing, to sift through heaps of bunny decorations. But there's a difference this year - the real thing is finding its way to homes this...
26.01.2011
NTDTV
Sony and NTT DoCoMo Shares Gain
Sony and NTT DoCoMo shares gained in early trading Monday, after the Nikkei newspaper reported a new Sony handheld console would be compatible with DoCoMo's mobile network. The PlayStation Portable 2 would be the world's first game machine to connect to a 3G cell phone network, the newspaper said. The console would be able to download games,...
25.01.2011
NTDTV
MUFG Aims to be Top 10 Bank in U.S.
Top Japanese bank Mitsubishi UFJ Financial Group (MUFG) is waiting for more clarity on stricter global banking rules before pursuing major acquisitions in the U.S. and Asia. Already the biggest Japanese bank in America, MUFG wants to be in the top 10 in the U.S. MUFG president Katsunori Nagayasu says the bank needs to spend about $10...
23.01.2011
NTDTV
Hi-Tech Rickshaws and LED Lights Shine at Tokyo Tech Expos
Next-generation growing lights and eco-friendly cars are attracting thousands of visitors to two technology expos being held in Tokyo this week. One of the expos, "Lighting Japan," has brought together more than 400 companies from 15 countries, with a large majority of them focusing on LED lighting. One company displayed the "LED Plant...
21.01.2011
NTDTV
Toyota Union Won't Push for Pay Rise
A Toyota Motor labor union is not planning to push for pay rises in upcoming negotiations despite an uptick in the automaker's earnings. The Nikkei says the Toyota Motor Workers' Union will hold off on asking for increments for a second consecutive year, given uncertain business conditions. The surging yen has eaten into profits at Toyota,...
19.01.2011
NTDTV
The global market for nuclear power plants is seen recovering, and two Japanese-linked firms are hoping to lead the rebound. In energy-dependent Japan, nuclear plant utilization at 10 power firms last year stood near 70 percent, while U.S. demand for new plants has been limited due to moderation in fossil fuel prices. Japan is the world's...
17.01.2011
NTDTV
Bank of Korea Announces Surprise Interest Rate Hike
South Korea's central bank surprised markets with an interest rate hike Thursday as it moves to contain inflationary pressures. Economists are expecting the Bank of Korea to raise rates as many as five times this year, but most did not see a move until February. BoK governor Kim Choong-soo raised rates to 2.75 percent, confirming forecasts...
15.01.2011
NTDTV
Nintendo Releases New 3D Gaming Console
Video gaming company Nintendo is aiming to ship four million of its new 3D-capable handheld game player a month after its release. The 3DS is scheduled to go on sale in Japan on February 26, with the U.S., Europe and Australia launches set for March. The Nikkei says Japanese sales alone will account for 1.5 million consoles. Nintendo's 3DS...
11.01.2011
NTDTV: Australia Floods
Floods in Queensland, Australia Impact Growth and Inflation Rate
Australia's commodity-export boom is taking a hit, as the biggest floods in decades force mine closures and evacuations. Up to 90 million tons of coal capacity are already under force majeure, with waters still expected to peak in some areas. The affected output is equal to 35 percent of Australia's total coal output for 2009. The disruption...
05.01.2011
NTDTV
Hyundai-Kia Car Sales up by 24 Percent in 2010, More Gains Expected
Hyundai Motor expects to boost car sales 10 percent this year, after a 24 percent jump in 2010. World No.5 Hyundai and affiliate Kia became among the top performers during the financial crisis and now plan to gain market share further on the back of new models. South Korea's No.1 said Monday it is targeting sales of 6.33 million cars in...
04.01.2011
NTDTV
LG Sets Record Sales Target for 2011
South Korea's LG Group is aiming for record sales of about $136 billion next year, with its key electronics units expected to contribute over two-thirds of revenue. The figure is an 11% increase from this year's sales of around $122 billion. The sales goal comes about a week after LG said it would spend nearly 70 percent of a record $18...
30.12.2010
NTDTV
Japan's Mizuho Financial Bank Unconcerned over New SIFI Rules
Japan's second-largest bank, Mizuho Financial Group, is confident that it can meet additional global capital requirements without raising funds. Mizuho's president, Takashi Tsukamoto, told Reuters that even if the bank becomes subject to stricter global banking rules next year for institutions deemed "too big to fail," Mizuho could manage...
29.12.2010
NTDTV
Asian Stocks Robust After Chinese Interest Rate Hike
Asian markets took China's surprise weekend interest rate hike in their stride on Monday, with stocks in Tokyo and Taiwan rising. But overall trade was thin, with stock exchanges in HK and Australia closed for the holidays. The PBOC's Christmas Day move caught markets off guard, and weighed on commodity stocks in early trade; the Australian...
28.12.2010
NTDTV
Guangzhou Auto Show Aims at China's Domestic Market
They say money can't buy happiness, but it certainly can buy cars, and in China's case, about 17 million this year alone. This translates to a staggering 35 percent or so rise from a year earlier, and global automakers clearly want a slice of the pie. At least five international carmakers launched new models at the Guangzhou Auto Show, with...
23.12.2010
NTDTV
Honda Tests Solar Strategy for New Electric Vehicles
Honda Motor says it's looking to create a solar energy-based transportation system to support its two and four-wheeled electric vehicles and plug-in hybrids. It’s a lineup the company calls "personal mobility." It’s conducting a series of tests with the local government of Saitama, Japan. Honda hopes to establish the viability of its...
22.12.2010
NTDTV
Honda Revs up China Sales Plan
Honda Motor's plan to boost its Chinese sales and production lifted its shares on Monday, while a Mainland joint venture announced a new brand to be launched in 2011. Japan's No. 2 is targeting 10 percent growth in China sales to 730,000 vehicles next year, with output rising to nearly 900,000 cars by 2013. Honda operates two joint ventures...
21.12.2010
NTDTV Inflation in China
Inflation treibt Nahrungsmittelpreise hoch
China erlebt eine hohe Inflation - Preiserhöhungen erreichen 4,5 Prozent. Preise für Obst und Gemüse auf den Märkten und in Ladengeschäften im ganzen Land stiegen drastisch. Chinesische Bürger fragen sich, wie sie sich weiterhin landwirtschaftliche Produkte leisten können. Waren wie grüne Paprikas und Karotten haben sich im Preis...
16.12.2010
NTDTV
Japan Tankan Survey Reflects Economic Pain
The mood of major Japanese firms worsened for the first time in almost two years in a central bank survey, paving the way for a likely economic contraction this quarter. Major manufacturers' sentiment weakened to a plus 5 reading, better than expected but still down for the first time since March 2009 in the wake of the global financial...
16.12.2010
NTDTV
Subaru Driving Around High Yen
The maker of Subaru cars is hoping for a near $1 billion profit this year, but says the strong yen has made conditions tougher. Ikuo Mori, CEO of carmaker Fuji Heavy Industries, says the yen has exceeded even the most bearish of forecasts. [Ikuo Mori, CEO, Fuji Heavy Industries]: "Basically, the outlook is for the strong yen to continue. Our...
15.12.2010
NTDTV
Automakers Eye Record Sales at Thai Motor Show
The 2010 Thailand International Motor Expo in Bangkok came to a close on Sunday, as carmakers predicted strong growth in the country's automobile market to drive record sales. 36 car producers and three motorcycle manufacturers from 13 countries worldwide took part in the event. [Abhichet Sitakalin, Vice President, Tata Motors]: "Until today...
13.12.2010
NTDTV
Buyers Lined-up for AIG's Nan Shan Insurance Company
A buyer for AIG's Nan Shan Life unit may be chosen as early as next week. Sources say a preferred buyer may be named on December 15th, or bidders may be shortlisted and briefed on the next step of the bidding process. As many as five companies have submitted bids including Cathay Financial, Fubon and Chinatrust. AIG is seeking to sell Nan...
10.12.2010
NTDTV
France And India Sign $20 Billion in Trade Deals
Emerging markets and particularly India are seen as the key to expansion for many countries and France is no exception. President Nicolas Sarkozy is the latest in a string of leaders to lead trade delegations there. He's signed deals worth 20 billion dollars with India's Prime Minister Manmohan Singh. They include aviation, defense, and...
07.12.2010
NTDTV
Die nationale Entwicklungs- und Reformkommision des chinesischen Regimes veröffentlichte letzten Dienstag Marktforschungs-Ergebnisse aus 36 Hauptstädten. 80 Prozent von 31 Alltagsartikeln sind von September auf Oktober teurer geworden. Seither steigen die Preise weiter. Fazhi Evening News in Peking berichtete, dass der Preis für...
27.11.2010
NTDTV
Market Report - Markets Recover After Korean Peninsula Tensions
In today’s market report… South Korean shares opened marginally higher on Thursday, as the shock from North Korea's artillery attack began to ease, while the won fell slightly. South Korea's stocks pared early losses and ended nearly flat on Wednesday, as investors downplayed the impact from a flare-up of tensions with North Korea,...
26.11.2010
NTDTV
Asian Markets Steady Despite Tensions on Korean Peninsula
Asian stock markets steadied Wednesday, after an early sell-off caused by tensions in the Korean Peninsula. The dollar and gold rose as investors sought the safety of lower risk assets. South Korea 's KOSPI pared early losses on bargain hunting, after the benchmark index fell as much as 2.4 percent at the open. Shares of Hana Financial rose...
25.11.2010
NTDTV
Rolls-Royce Signs $1.8 Billion Engine Deal with Air China
Troubled engine-maker Rolls-Royce's fortunes look to be turning around after bagging its second big order from China this month. Rolls-Royce will provide engines to power 20 planes from Air China's Airbus fleet in a deal worth $1.8 billion dollars. The British company has been hit by safety concerns over its Trent 900 engine, after one...
23.11.2010
Glühwein und Lebkuchenhäuser
Briten begeistern sich für deutsche „Christmas Markets“
London – Marc Lovegrove hastet über die Themsepromenade. Auf der anderen Seite des Flusses leuchtet Big Ben. Um Lovegrove herum stehen Holzhütten mit Glühwein, Christbaumkugeln und Lebkuchenhäusern. In den vergangenen Tagen hat Lovegrove den Aufbau des "Cologne Christmas Market" betreut, des "Kölner Weihnachtsmarktes" mitten in London."Das...
22.11.2010
NTDTV
Airbus May Delay Delivery of New A380 Planes to Address Engine Issues
Delivery schedules for the Airbus A380 may be in jeopardy, after Rolls-Royce asked Airbus-maker EADS to return some engines from production lines. The engine-maker wants to use them to replace faulty ones on A380s already in service. Airbus is scheduled to deliver over a dozen Rolls-Royce-powered A380s by the end of next year. Most are for...
17.11.2010
NTDTV
Japan’s Mitsubishi Motors To Sell Autos At Bic Camera
From auto showroom to electronics store. That's the plan from Japan's Mitsubishi Motors and retailer Bic Camera, which will sell the zero-emission electric cars alongside household appliances like TVs and dishwashers. The leading discount retailer will display Mitsubishi's i-MiEV at four of its biggest stores around Tokyo, offering test...
10.11.2010
NTDTV
Toyota Motor's China sales in China fell six percent in October, while rival carmakers are accelerating into the world's top auto market. The on-year fall in sales was the first in 18 months for Toyota, which the Nikkei business daily attributed to weaker Sino-Japanese ties. Nonetheless, Japan No.3 Nissan's joint venture actually raised its...
03.11.2010
NTDTV
Honda Shares Flat Despite Profits
Honda's doubling of quarterly profit and robust outlook could not boost shares Monday, as the strong yen and a cut in its sales target weighed on investor interest. Japan's No.2 automaker expects over $6 billion in profit for the full year after a $2 billion quarterly figure, achieving record output in China and other Asian markets. But a...
01.11.2010
NTDTV
Samsung’s Final Quarter Profits May Fall
Top chipmaker Samsung Electronics met expectations with a 17% rise in third quarter operating profit, but is facing a challenging final quarter. The $4.4-billion profit ends a record 1st half, and with demand for chips and flat panel screens seen slumping, analysts say Samsung's 4th quarter profits may fall 25%. Falling demand for PCs is...
29.10.2010
NTDTV
Market Report - Nikkei Flat, Other Markets Fall
In today’s market report… Japan snapped a two day losing streak to close a touch higher, but other Asian stocks fell sharply, led lower by commodity stocks. Oil giant PetroChina led the drop among Hong Kong's energy stocks, while banks weighed on the Hang Seng after Beijing introduced new import payment rules to stop illegal capital...
27.10.2010
NTDTV
Market Report - Stocks Fall; Sony Up on Apple Rumour
In today’s market report… most Asian markets slipped Tuesday. Japanese retailers and exporters found mild support, as the currency inched away from a fresh 15-year high hit Monday. But overall trading was thin, as investors waited for key earnings from blue chips such as Canon and Sony this week. Sony shares rose over 1.5% amid...
26.10.2010
NTDTV
Market Report - Asia Shares Rise, Dollar Eases Post-G20
In today’s market report… Asian markets inched up after the Group of 20 nations agreed to shun competitive currency devaluations. While no specifics emerged at a G20 meeting in South Korea, financial officials also struck a surprise deal to give emerging nations a bigger voice at the IMF. The dollar slipped against major currencies...
25.10.2010
NTDTV
Market Report - China Hike Rattles Asian Stocks
In today’s market report… Asian markets tumbled in early trade, with falls triggered by a surprise rate hike in China. Property stocks led falls in Shanghai and Hong Kong. Vanke, China's largest listed property developer, fell as much as 9.5%. The Shanghai property sub-index was down 3.7% in early afternoon trading. But the Shanghai...
21.10.2010
NTDTV
Market Report - Asian Stock Rally Pauses
In today’s market report… Asian stocks fell as investors took profits ahead of an expected easing in U.S. monetary policy, and G20 meetings later in the week. The dollar rose from 10-month lows, as the market moved to cover heavy short-dollar positions. But markets in Taiwan were not convinced by the dollar's rebound, with...
18.10.2010
NTDTV
Market Report - Japan Eyes Yen Move, Asia Banks Ease
In today’s market report… the dollar remained barely above 10-month lows, as investors trimmed short positions against the dollar for regional currencies. Japan vowed decisive currency market action on Friday, while South Korea warned that foreign exchange tension could fan protectionism. Finance Minister Yoshihiko Noda says Japan will...
16.10.2010
NTDTV
Market Report - Asia Shares Rise on Metals
In today’s market report… the dollar tumbled against a basket of currencies on growing expectations of the value of the dollar to drop and soaring metals prices. The dollar fell across the board, hitting a 28-year low against the Australian dollar and continuing to struggle against the euro and yen. The Australian dollar gained on its...
15.10.2010
NTDTV
Market Report - Investors Eye Currency Markets
In today’s market report… Asian share markets edged higher, with investors eyeing currency markets and strong results from computer chip giant Intel. Japanese Finance Minister Yoshihiko Noda said South Korea's Group of 20 Nations leadership could come under pressure due to its regular currency intervention. The G20 will meet in South...
14.10.2010
NTDTV
EU-Beamte setzen chinesische Führung wegen unterbewertetem Yuan unter Druck
EU-Beamte und chinesische Behörden bleiben geteilter Meinung über den Wert des Yuan. Diskussionen am Rande des Asien-Europa-Treffens oder ASEM letzten Dienstag bestätigten die gespaltene Meinung. Während die Währungen der meisten Länder auf dem Weltmarkt sich frei bewegen, erlaubt das chinesische Regime nur sehr geringe Schwankungen...
11.10.2010
NTDTV
Market Report - Shanghai Stocks Outperform
In today’s market report… Asian stocks were up, amid expectations funds would continue flowing into the region. G7 and IMF meetings over the weekend produced no fixes for global economic imbalances. Asian currencies surged led by the South Korean won and Taiwan dollar, raising the prospect of intervention by local authorities. The yen...
11.10.2010
NTDTV
Market Report - Yen Strong Despite Bank of Japan Moves
In today’s market report… the yen remained strong against the dollar, despite words from the Japanese central bank chief that it's affecting the nation's economy. Bank of Japan Governor Masaaki Shirakawa, who’s in Washington for the Group of Seven nations meeting, says the sharp yen rises weaken business sentiment and corporate...
08.10.2010
NTDTV
Market Report - Asia Stocks Rally on Stimulus Hopes
In today’s market report… Asian stocks rose sharply after the Bank of Japan's easing moves spurred hopes of a new round of global central bank action. Regional market investors expect the Federal Reserve and Bank of England to ease policy like the BOJ, which cut interest rates to virtually zero and announced plans to buy a wide range of...
07.10.2010
NTDTV
Market Report - Nikkei Rebounds on BOJ
In today’s market report… Tokyo stocks rebounded, while the yen and Australian dollar fell Tuesday after unexpected policy moves by their respective central banks. The Bank of Japan eased interest rates further to between zero and 0.1 percent, and said it would set aside $420 billion to buy government bonds and other assets to support...
06.10.2010
NTDTV
Market Report - Gold Nears Record, Metals Firms Gain
In today’s market report… Gold neared a record high price, fueled by ideas of further U.S. monetary policy easing and a weaker dollar, while Asian shares hit a two-year high. Copper also flirted with a two-year high, as the jump in metals prices lifted firms like Japan's Sumitomo Metal Mining, as well as miners such as giant BHP...
05.10.2010
NTDTV
Market Report - Asian Stocks Slip, China Bucks Trend
In today’s market report… Asian shares slipped as investors took profits, but shares in Shanghai rose despite new curbs on property sales. Poly Real Estate and Gemdale led the surge among Shanghai's property stocks. Traders say the market was expecting the new measures, and welcomed the certainty after weeks of speculation. Stocks in...
30.09.2010
NTDTV
Market Report - Asian Shares Ease, Japan-China Watched
In today’s market report… Asian shares edged lower, as Japanese investors eyed the yen and bilateral ties with China. The Nikkei dipped as the Japanese currency remained near a post-intervention high with expectations that Japan may buy dollars again. Consumer finance lender Takefuji planned to file for bankruptcy with $5.2 billion in...
28.09.2010
NTDTV
Market Report - Asian Shares Rise Highest in 2 Years
In today’s market report... Asian shares rose Monday to their highest in more than 2 years, cheered by U.S. economic optimism. The Nikkei rose despite the yen hitting a post-intervention high against the U.S. dollar, on improved U.S. business spending in August. Panasonic rose after the Nikkei business daily said the consumer electronics...
27.09.2010
NTDTV
Market Report - Yen Falls on Intervention Talk
In today's Market Report... Japan's Nikkei fell on Friday. It comes after talk of a second round of government intervention to weaken the yen. The yen eased, but Japanese officials declined to say if they had actually stepped in to the markets again. A diplomatic spat over disputed islands between Beijing and Tokyo, and its potential impact...
26.09.2010
NTDTV
Market Report - Dollar Slips, Eyes on Japan Response
In today’s market report… the dollar fell to its lowest level Wednesday since the Japanese government took steps to lower the value of the yen. The yen and euro rose against the dollar, raising expectations that Japan would again intervene after a break of 85 to the dollar. Prime Minister Naoto Kan said in a Financial Times interview...
22.09.2010
NTDTV
Market Report - Asian Shares Mixed, Await Fed
In today’s market report… Asian stocks were mixed. Investors were encouraged by strong corporate news, but cautious ahead of a U.S. Federal Reserve meeting later today, and regional market holidays this week. Tokyo stocks rose in early trade, led by Nissan Motor. Shares of Japan's Number three automaker rose to a four-month high, on its...
21.09.2010
NTDTV
Market Report - Asian Markets Mixed, Eye Fed Meeting
In today’s market report… Asian stock markets inched up Monday, with investors sidelined by a Japanese holiday and a key U.S. central bank meeting. The Federal Reserve is not expected to announce new policy measures late Tuesday, but markets will be focusing on Chairman Ben Bernanke's assessment of the U.S. economy, and hints of future...
20.09.2010
NTDTV
Market Report - Asia Shares Higher, Eyes on Yen
In today’s market report… Asian share markets continued a third week of gains Friday, while the threat of Japanese currency intervention kept eyes on the yen. Japanese shares posted their biggest weekly gain since December 2009, rising further since Japan spent over $21 billion to weaken the yen mid-week. The dollar held near its...
17.09.2010
NTDTV
Market Report - Nikkei up on Japan Yen Intervetion
In today’s market report… Japan intervened to slow the yen's rise for the first time in six years on Wednesday, boosting the Nikkei. The yen earlier touched a 15-year high against the dollar, following a victory by Prime Minister Naoto Kan in a key party election. The finance ministry buying of dollars around 83 yen sent the greenback...
17.09.2010
NTDTV
Arnold Schwarzenegger Considers Bullet Train for California
Japan is blowing its Shinkansen horn for the U.S. and California, with the governor known as the "Terminator" taking a ride on its high-speed bullet train Tuesday. The $165 billion world rail market is estimated to grow over 2 percent a year, while the U.S. market is seen as one of the most promising due to the Obama government's stimulus...
15.09.2010
NTDTV
Market Report - Asian Shares Hit 18 Week High
In today’s market report… Asian shares soared to over four-month highs Monday. Global financial regulators gave lenders as much as nine years to conform with new capital reserve requirements, sending regional banking stocks sharply higher. Japan's top banks, Mitsubishi UFJ and Sumitomo Mitsui, led Tokyo's Nikkei to a near 1% gain. In...
13.09.2010
NTDTV
Market Report - Asian Stocks Hit 4 Month High
In today’s market report… Asian stocks hit a four-month high Friday, after global economic numbers lifted market sentiment. Investors in Japan were encouraged by an upward revision in the country's second quarter GDP numbers, while exporter stocks rose on a mildly weaker yen. The Japanese currency edged back on U.S. job claims and trade...
10.09.2010
NTDTV
Market Report - Australia Shares Dip
In today’s market report… Australian shares led most of the Asian region lower Tuesday. It comes as the nation's election impasse ended with the ruling Labor Party forming a minority government. Miners BHP Billiton and Rio Tinto declined after two independent MPs backed Labor. The decision raised the likelihood that a new 30 percent tax...
07.09.2010
NTDTV
Market Report - Asia Shares hit 4 Week Highs
In today’s market report… Asian stock markets rose to their highest in four weeks Monday, as investors took a more optimistic view of the global economy. The rally was driven by better-than-expected U.S. jobs data, which eased fears of a new recession. Japanese stocks soared, bringing gains so far this month to over five percent, as...
06.09.2010
NTDTV
Market Report - Asia Shares Rise on U.S. Hopes
In today’s market report... Asian shares moved higher Thursday, taking heart from signs that U.S. manufacturing activity is on the rise. Shanghai's benchmark rose after the strong economic data from the U.S. and a bounce in Chinese auto demand. Automakers such as Warren Buffett-backed BYD gained after mainland sales in August rose 59.3...
03.09.2010
NTDTV
Market Report - Asian Shares Up, Nikkei off Highs
In today’s market report… Tokyo stocks led gains in Asian markets Monday, after the Bank of Japan convened an emergency meeting to address the strong yen. The Nikkei posted its biggest gain in 10 days, but pulled back when the BOJ held off on more aggressive steps, opting instead for the expansion of a funding program. The yen recouped...
31.08.2010
NTDTV
Market Report - Nikkei Ends Higher on Yen Plan
In today’s market report… Asian markets reclaimed early losses Friday, after the Nikkei rebounded on news of a government plan to combat the strong yen. Overall sentiment remained wary ahead of a speech by the U.S Federal Reserve Chairman, while overall, markets in Tokyo, Hong Kong and Australia declined for a third straight...
29.08.2010
NTDTV
Yen Pulls Back on Government Intervention Possibility
The yen pulled back from 15-year highs against the dollar on Wednesday, after Japanese officials hinted at possible action, including yen-selling intervention, to stem the currency's rise. Tokyo's Nikkei fell to a 16-month low as the yen firmed to as low as 83.58 against the dollar; but moved back above the mid-84 level after the Japanese...
25.08.2010
NTDTV
Market Report - Asian Shares Mixed, Bets on Abbott
In today’s market report… Asian markets were mixed in early trade Monday, as economic growth worries continued to weigh on investor sentiment. But Australia's miners rose amid expectations opposition leader Tony Abbott would form the next government and scrap Labour's proposed mining tax. The market also found support from reported...
23.08.2010
NTDTV
Market Report - Nikkei Tanks as Growth Worries Rise
In today’s market report… Asian stock markets slipped, pulled lower by new growth worries. Australian stocks were weighed down by political uncertainty. Growth stocks like miners and banks led Sydney shares lower, after U.S. jobless claims hit a nine-month high and manufacturing activity contracted. Surfwear maker Billabong tumbled 10%...
20.08.2010
NTDTV
Apple Suppliers Respond on Kickbacks
Two of six Asian companies accused of paying kickbacks to an Apple employee in return for confidential information have responded to the allegations. Taiwanese manufacturer Pegatron publicly apologized Tuesday, saying it had launched an investigation into Kaedar, a unit of the company that makes plastic cases for iPhones and iPods. But...
18.08.2010
NTDTV
Market Report - Shares Weaker on Japan GDP
In today’s market report… Asian stock markets fell sharply in early trade Monday, after a sharper-than-expected slowdown in Japan's economy. The Japanese economy grew just 0.4 percent between April and June, adding to ongoing fears about a faltering world recovery. The figure was well below expectations, and sharply lower than the 4.4...
17.08.2010
NTDTV
Market Report - Nikkei Hits 13 Month Low, Yen Gains
In today’s market report… Asian stocks fell to their lowest in about three weeks Thursday, dragged down by the strong yen and the latest round of weak global economic data. Investors fled to the safety of the dollar and the yen, after a widening U.S. trade gap suggested that second quarter U.S. GDP growth was weaker than previously...
12.08.2010
NTDTV
Market Report - Shanghai Stocks Lead Asia Drop
In today’s market report… disappointing Chinese trade numbers and overall caution ahead of a Federal Reserve meeting led Asian stocks to lower Tuesday. Shanghai stocks reversed early gains after lower-than-expected imports. The Shanghai composite fell by as much as two percent, the most in over three weeks. The trade data also weighed...
11.08.2010
NTDTV
Market Report - Asia Down from 3 Month Highs
In today’s market report… Tokyo stocks led falls in Asian share markets Wednesday. The yen climbed to an 8-month high and inched closer to a 15-year peak against the dollar. A stronger yen translates into less overseas earnings for exporters. The dollar fell after weak consumer spending and income reports were added to a string of...
05.08.2010
NTDTV
Market Report - South Korean Exports Grow Faster than Expected
In today’s market report… Asian stock markets rose Monday, after South Korean exports grew faster than expected, while new data showed the Chinese economy was not as weak as feared. The Korean won hit a near 6-week high on the trade figures, while the Australian dollar firmed on the Chinese manufacturing numbers. South Korea's KOSPI...
03.08.2010
NTDTV
Market Report - Japan Leads Asian Markets Higher
In today’s market report… Japan's Nikkei was the region's top performer, jumping to a near 2-week high, after the world's No.1 camera maker Canon posted its best profit in seven quarters. Canon shares rose by more than 5% to their highest point in five weeks, also aided by a mild weakening in the yen. The rise by the Japanese benchmark...
29.07.2010
NTDTV
Sony, Toyota Have Strong Profits
Shares of Sony and Toyota rose Monday, after Japan's top business daily reported that each returned to profit in the last quarter. Sony is expected to post a profit of up to $343 million, the Nihon Keizai Shimbun reported, bouncing back from an operating loss on solid sales and cost cuts. The consumer electronics conglomerate trimmed nearly...
27.07.2010
NTDTV
Market Report - Asia Slips over U.S. Economy Concerns
In today’s market report… Asian stocks slipped as investor unease over the U.S. economy outweighed firm corporate earnings in Asia. The yen rose to near a 7-and-a-half month high, hitting exporter stocks. That was after U.S. Federal Reserve Chairman Ben Bernanke gave somewhat downbeat comments about the U.S. recovery. Caution also...
22.07.2010
NTDTV
Market Report - Asian Stocks Ease over U.S. Economic Recovery
Asian stock markets started the week lower, as worries about the US economic recovery grew Monday. A sharp fall in US consumer confidence numbers sparked a sell-off in riskier assets, with the yen strengthening to near 7-month highs against the dollar and the euro easing from 2-month peaks on profit-taking. The overall trading tone was...
20.07.2010
NTDTV
Market Report - Asia Shares Weaker
In today’s market report… Asian stock markets remained under selling pressure Thursday. It's amid persistent worries about U.S. economic health. In Korea, the Kospi was down 0.4% after the market had hit a two-year high earlier in the week. Japan's Nikkei was down 1%. Japan's central bank kept interest rates on hold while raising its...
15.07.2010
NTDTV
Japan Faces Possible Credit Downgrade
Standard & Poor's and Fitch are warning Japan of possible credit rating downgrades, after an election humbling raised fears about the government's commitment to fiscal reform. S&P said late Monday that it may cut Japan's sovereign debt rating if the mountain of red ink grows or there is a lack of concrete policy steps, while Fitch...
13.07.2010
NTDTV
London Finance Report - July 9, 2010
The FTSE 100 rebounded on Wednesday after losses earlier in the week, breaking the 5000 mark. The index climbed on Thursday by over 1.8 percent to fifty - one zero five at market close. After reports of a new bid vehicle that will seek to buy British banking assets, bank shares on the FTSE 100 rose with the Royal Bank of Scotland rising by...
09.07.2010
NTDTV
Market Report - Asia Down Amidst China IPO Push
In today’s market report… Asian stocks fell Wednesday as investors grew pessimistic after disappointing U.S. services sector data provided the latest evidence of a global slowdown. The euro rose to a 7-week high against the dollar, on doubts about the U.S. recovery. A rebound in world stock markets Tuesday, mainly propelled by...
07.07.2010
NTDTV
Market Report - Asia Up Despite U.S. Jobs Report
In today’s market report… Asian markets were up on Monday, shrugging off the poor US jobs numbers but showing only meager appetite for increased risk. Investors bought beaten-down shares and took profits on defensive plays, but overall sentiment remained weak, amid signs the U.S. and Chinese economies are slowing. Bank of China...
06.07.2010
NTDTV
Market Report - Asian Stocks Sink on Euro Woes
In today’s market report… Asian stocks fell and ended the second quarter with their worst performance since the collapse of Lehman Brothers as investors got out of shares and high-yielding currencies on concerns over bank funding in Europe. In Hong Kong, Agricultural Bank of China opened the retail portion of its IPO on Wednesday,...
30.06.2010
NTDTV
Market Report - Asian Shares Ignore G20 Meeting
In today’s market report… Asian shares took little heart from a weekend meeting of G20 leaders, with Japanese stocks leading a number of regional benchmarks lower. Market analysts saw little impact from the summit, where leaders agreed to take different paths to assure lasting growth and securing their financial systems. The G20 said...
29.06.2010
NTDTV
Market Report - Asian Shares Dip Along with Yuan Excitement
In today’s market report… Asian shares eased from highs on Tuesday, as excitement about China's ending its yuan currency peg waned. China's central bank raised the yuan's mid-point against the dollar in its market fixing Tuesday, but doubts continued about how much further appreciation would be allowed. The Nikkei edged back from a...
23.06.2010
NTDTV
Market Report - China IPO Eyed
In today’s market report… gains by regional share markets stalled Thursday, with a variety of factors as well as profit-taking weighing on investors. Agricultural Bank of China, or AgBank, is the last of China's four big state banks to go public. It's now selling a 15 percent stake--through a dual listing in Hong Kong and Shanghai next...
17.06.2010
NTDTV
Market Report - Asia Shakes off Greece Downgrade
In today’s market report… most Asian share markets shook off worries about European debt on Tuesday, following the downgrade of Greece's rating to junk status. Moody's overnight cut in Greece's credit rating, which followed other rival agencies, sparked mild profit-taking, but most regional markets recovered from daily lows. The...
15.06.2010
NTDTV
Market Report - Nikkei Rebounds
In today’s Market Report: Japan's benchmark Nikkei rebounded from a 6-month low. That brought renewed hope for a global economic recovery despite ongoing concerns over the euro zone debt crises. Other Asian markets got a lift from Federal Reserve Chairman Ben Bernanke, who told a Congressional committee the U.S. economy would continue to...
11.06.2010
NTDTV
Market Report - E.U. Woes Hurt Stocks
In today’s market report… concerns about Europe's debt crises continued to weigh on Asian investors, despite earlier gains on Wall Street. Japan's benchmark Nikkei average fell to a 6-month low over concerns that the global recovery was losing steam. Honda Motor stocks plummeted more than 3 percent after a new strike broke out at its...
10.06.2010
NTDTV
Market Report - U.S. Data Hurts Yen
In today’s market report… a disappointing U.S. jobs report hurt Asian stocks Monday - spooking investors already wary of a strengthening yen. The benchmark Nikkei average fell 4 percent, less than a week after posting its strongest one day gain in 6 months. Adding to that drop, new concerns over Hungary's debt problems - and the...
07.06.2010
NTDTV
Market Report - Asia Shares Up on U.S. Recovery
In today’s market report… Asian shares posted solid gains Thursday following a rally on Wall Street. Japan's benchmark Nikkei average climbed to a 2-week high. South Korea's Kospi and Hong Kong's Hang Seng both gained on renewed optimism about the U.S. economic recovery. Carmakers like Honda powered the Nikkei's 3 percent surge,...
03.06.2010
NTDTV
Market Report - Asia & Europe Down
In today’s market report… Asian share markets and the euro were down Tuesday, as regional investors continued to pare risk after one of the worst trading months since the financial crisis. The European Central Bank's warning of a second wave of bank writedowns weighed on the single currency and regional financial shares. The euro has...
01.06.2010
NTDTV
Market Report - Japanese Yen Lower
In today’s market report… the Japanese yen lower, boosting exporter shares in Tokyo while the Nikkei rebounded from a six-month low hit Thursday. Toyota plans to hire back contract workers after almost a year as production levels remain robust. The company has been reeling from massive vehicle recalls and criticism that it was slow to...
28.05.2010
NTDTV
Market Report - Asia Dips Again
In today’s market report… worries over the euro zone's debt crisis hammered Asian stocks Thursday. Some regional benchmarks were pushed to their lowest in more than eight months while pressuring the euro, which was not far above the previous day's four-year low. Germany's move to stamp out speculators has added further worries to...
21.05.2010
NTDTV
Market Report - Euro Caps Asia
In today’s market report… persistent worries about the euro area's fiscal health kept investors in Asia on edge Tuesday, also weighing on the euro. Stocks hovered near a three-month low struck on Monday, as materials shares followed metals prices lower on fears that China's economy may be slowing. A Chinese leading economic indicator...
18.05.2010
NTDTV
Market Report - Rally Wanes in Asia
In today’s market report… a massive relief rally in world stocks slowed to a crawl in Asia, as doubts about the euro-zone's long-term outlook kept regional investor optimism in check. The euro, which had surged on news of the near $1 trillion package, was slightly weaker Tuesday against the yen and dollar. In Japan, No.2 bank Mizuho...
11.05.2010
NTDTV
Market Report - Greece Woes Weigh
In today’s market report… strong U.S. data indicating the world's largest economy was on the mend boosted the dollar, but worries about Greece's bailout and China's policy tightening curbed Asian share gains. China's key stock index fell to a seven-month low as investors reacted to the latest policy tightening by the central bank...
04.05.2010
NTDTV
Market Report - Federal Reserve Meeting Eyed
In today’s market report… most Asian share markets eased on profit-taking Tuesday after recent rallies, as investors eyed a Federal Reserve meeting this week and growing Greek debt jitters. The euro slid against major currencies, including the yen, on uncertainty about a multilateral bailout for Greece. Commodities prices also...
27.04.2010
NTDTV
Asian shares eased Thursday, as investor confidence in global recovery waned slightly at the start of the corporate reporting season. Continued jitters about whether Greece can meet its debt obligations pressured the euro, as European and IMF leaders met with the nation. The IMF had nudged up its forecast on world growth to 4.3 percent....
22.04.2010
NTDTV
In today’s market report… Asian share markets clawed back some losses on Tuesday, as focus shifted from Goldman Sachs to hopes for strong earnings ahead. Regional financial shares rebounded a day after their biggest percentage fall in 10 weeks in the wake of fraud allegations against the U.S. financial house. South Korean...
20.04.2010
NTDTV
Market Report - Sinopec Plants to Invest in Canadian Oil Company
In today’s market report… Shares in China's state-owned Sinpopec rose on plans to invest $4.65 billion in the huge Syncrude project in Canada's oil sands, marking one of the country's largest investments ever in North America. The deal underlines the resurgence in interest in the vast but difficult-to-extract energy resource after...
14.04.2010
NTDTV
In today’s market report… Japanese shares rose to 18-month highs on the last day of the financial year. It comes as a rebound in U.S. consumer confidence boosted hopes that a global economic recovery will prove to be sustainable. Other Asian markets dipped but stayed near a two month peak. A surprise slump in retail sales in February...
01.04.2010
NTDTV
Market Report - Asia Holds Steady
In today’s market report… the euro rallied further on Monday from 10 month lows, while Chinese shares hit two-month highs, though Asian markets remained steady. At the end of the first quarter, Asian stocks outside of Japan have recorded a mere 1 percent rise so far this year, calming after a 72 percent jump in 2009. But market...
30.03.2010
NTDTV
Market Report - Asia Eyes Greece
In today’s market report… Asian stocks and the euro fell on renewed concerns over Greece's debt problems ahead of a euro zone summit. And in India, a surprise interest rate hike last week weighed on commodity currencies. Markets gave up some of their recent gains, with weaker commodity and oil prices weighing on shares of resource...
22.03.2010
NTDTV
Market Report - Asia Shares Near Two-Month Highs
In today’s Market Report… Asian shares flirted with two-month highs before easing slightly. Japan's Nikkei declined, with a fall in the Euro accelerating investor profit-taking. Toyota shares dipped after it told U.S. safety regulators that it’s considering how to fix nearly 1.2 million Corolla and Matrix models that risk...
18.03.2010
NTDTV
Market Report - BOJ Eases, Asia Up
In today’s market report… Asian share markets rose broadly, as the Bank of Japan eased monetary policy. The government has been prodding the BOJ to act to prevent a further yen rise. Ahead of the move, the Nikkei hit an eight-week high, led by exporters such as No. 3 Japanese carmaker Nissan. Honda held steady, despite a U.S. recall...
17.03.2010
NTDTV
Market Report - Japanese Companies Up
In today’s market report… a weaker yen ahead of a Bank of Japan meeting this week lifted exporters like camera-maker Canon on Monday, while most Asian markets saw profit-taking. The Nikkei was flat to lower overall after gaining nearly 4 percent last week, but the Japanese currency eased on ideas the central bank may ease policy to...
16.03.2010
NTDTV
Market Report - Asia Mostly Lower
In today’s market report… most Asian share markets edged lower along with weaker copper and gold prices, with regional miners and resource-linked firms dipping. Australia's benchmark managed to eke out a gain for the eighth straight session, although world leaders BHP Billiton and Rio Tinto eased. In Tokyo, the Nikkei declined slightly...
10.03.2010
NTDTV
Market Report - Asian Autos Gain
In today’s market report… shares of Asian automakers are up, helping to lead regional stock markets higher for a fourth straight session. Beleaguered Toyota Motor rose after a fall in February U.S. sales of 9 percent was not as bad as feared, leading Japan's Nikkei higher. Still, documents examined by Congress Tuesday showing Toyota's...
04.03.2010
NTDTV
Market Report - Asia, Toyota Up
In today’s market report… Asian shares edged higher on regional bargain-hunting, while the euro eased on growing worries about Greece and European debt. The Nikkei rose, sparked by investor bargain-hunting in Toyota, which had fallen over 20 percent in the last month, down $30 billion in value. Rival Nissan Motor, though, declined after...
27.02.2010
NTDTV
In today’s market report… the U.S. dollar neared a nine-month high against the euro and a recent peak against the yen, helping to take the Nikkei to a two-week high. Toyota was down amid news of a U.S. probe into the steering of its Corolla sedan, the company's second most popular car. Meanwhile, the Bank of Japan kept interest rates...
19.02.2010
NTDTV
Hyundai Motors Has Increased Sales in the U.S.
Only one major automaker increased U.S. sales in 2009, and South Korea's Hyundai aims for a bigger slice of the market this year. Helped by new models and aggressive marketing, Hyundai hopes to sell over 500,000 cars in the U.S, raising its market share to 4.5 percent. Its share of the key market jumped by over a point last year, as most of...
16.02.2010
NTDTV
Market Report - Asia Gains Continue
Asian markets gained on Thursday for the third straight day. Australian shares closed their highest in a week. And the Aussie dollar rose after employment figures surged past expectations for the fifth straight month in January. Japan markets are closed for a holiday, but the yen slid against the Aussie dollar because of strong employment...
12.02.2010
NTDTV
Market Report - Taiwan Shares Edge Up
In today’s market report… Asian shares recovered somewhat, led by Taiwan and South Korea, as the euro staged a small rebound from its recent drubbing. Strong January export data boosted Taiwanese firms such as the world's largest chipmaker, TSMC. Taiwan shares closed 2 percent up, their biggest jump since September, while technology...
09.02.2010
NTDTV
U.S.-based Attorney Sues Toyota
Miami attorney John H. Ruiz has a busy time ahead of him. He has filed a class action lawsuit against Toyota of North America for the defective gas pedals which are affecting millions of vehicle owners. He already has thousands of clients signed up to the case. Just a week after Toyota announced a mass recall, Ruiz says owners could be...
05.02.2010
NTDTV
Market Report - Toyota Continues to Plummet
In today’s market report… Asian stocks fell broadly with financial markets cautious as regional earnings and auto sector news weighed on sentiment. The Nikkei declined with Toyota Motor hitting a 10-month low on investor concerns over its massive vehicle recall. Honda jumped after the automaker raised its annual outlook far beyond...
04.02.2010
NTDTV
Market Report - Toyota, Nikkei Up
In today’s market report… shares of beleaguered automaker Toyota jumped more than 5 percent on hopes its plans to fix nearly 4.5 million cars would help the world No.1 to recover. Fighting to preserve its reputation for quality, Toyota said it will restart production February 8th after a one-week shutdown at six North American plants...
03.02.2010
NTDTV
In today’s market report… shares of Toyota Motor eased despite plans to address a massive recall, while South Korean automaking rivals gained despite weaker regional markets. The world's No.1 automaker says it will announce details of a plan to fix accelerator pedals that have led to a massive U.S. recall. Toyota is suspending...
02.02.2010
NTDTV
Market Report - Asian Shares Gain as Dollar Peaks
In today’s market report… Asian shares were up on hopes of upbeat earnings. Gains in Asian exporters were sparked by the U.S. dollar's move to a 6-month peak, after the Federal Reserve appeared more confident of recovery. U.S. stock futures, meanwhile, rose after U.S. President Barack Obama appeared to take a more moderate stance...
28.01.2010
NTDTV
Market Report - Bank of China Declines
In today’s market report… Asian shares added to recent losses, while Bank of China declined in Hong Kong after announcing nearly $6 billion in planned fundraising. China's largest foreign exchange lender became the latest Asian financial firm planning to shore up its capital base with a convertible bond issuance. Chinese banks embarked...
26.01.2010
NTDTV
Suzuki CEO Doesn't Want Volkswagen to Increase Stake in Company
Many in the auto industry expect Volkswagen, Europe's top automaker, to eventually want a controlling stake in Suzuki. [Osamu Suzuki, CEO, Suzuki Motor Corp]: "When Suzuki becomes a bigger and more successful company, Volkswagen will probably want to buy more of our shares." Though Suzuki expects major benefits from ties with Volkswagen,...
22.01.2010
NTDTV
Market Report - Mazda Pulling Out of China Venture
In today’s market report… Asian shares edged lower on financial sector concerns. Japan's Nikkei was down, with automaker Mazda easing on a report it will dissolve a China joint venture with Ford Motor by 2012. Regional shares were again pressured by Chinese banking sector concerns, with a regulator asking banks to be cautious over lending...
19.01.2010
NTDTV
Market Report - Intel’s Profits Lifts Techs
In today’s market report… better-than-expected profits from Intel, the word's top chipmaker, boosted Asian technology shares. Japan's Nikkei touched a 15-month high, as chip-making equipment firm Tokyo Electron gained, along with stepper maker Nikon. Cosmetics giant Shiseido jumped after saying it will buy California-based Bare Escentials...
16.01.2010
NTDTV
Market Report - Asia Shares Rebound
In today’s market report… Korean chipmakers Samsung and Hynix jumped, shadowing gains by U.S. tech peers and helping to lift the KOSPI index. China's top automaker, Geely, saw sales more than double in December, helping to lift its Hong Kong-listed shares. Air China, meanwhile, soared on expectations of strong traffic in December and in...
15.01.2010
NTDTV
Market Report - Asian Shares Surge
In today’s market report… Asian stocks rose to a 17-month high as a strong rebound in China's exports raised optimism about the region's economic outlook. However, the dollar suffered following weak U.S. jobs data. Australia's leading share index rose to a 15-month high as the China data lifted resource companies that benefit from Chinese...
12.01.2010
NTDTV
India: Tata Motors Considers Launching Nano Car in the U.S.
The world’s most inexpensive new car may be arriving on American shores by 2011. India's Tata Motors may consider launching its ultra-cheap Nano car in the United States. [Ratan Tata, Chairman, Tata Motors]: "We also recognize there is a market [for the Nano] not only in developing countries, but possibly in the developed countries." Some...
08.01.2010
NTDTV
Honda Unveils New Car for Indian Market
Japan’s Honda Motor Company will begin selling a new compact car in India in 2011. The five-seater family car will be based on the “Honda New Small Concept” unveiled at the Delhi Auto Expo. Honda says the car is being developed especially for India and other emerging markets. Honda will price the new car at nearly $10,800 U.S. dollars,...
06.01.2010
NTDTV
Market Report - Asian Shares Flat
In today’s market report… forecasts of a cold winter in the U.S. and signs of economic recovery pushed up the price of oil on expectations of increased demand. Oil held below $79 a barrel after setting a five-week high on Monday. Australian shares were the biggest gainers, helped by oil and metals, but stock markets elsewhere in Asia...
30.12.2009
NTDTV
Market Report - Asian Shares Continue to Rise
In today’s market report… Asian stocks were up on increasing optimism about the global economy. Japan's Nikkei rose to a 4-month high as exporters climbed, helped by stable currency moves. Sharp gained after it reached a cross-licensing agreement with a resin and rubber parts maker. Positive economic indicators also boosted the sentiment...
29.12.2009
NTDTV
Market Report - U.S. Home Sales Push Markets Higher
In today’s market report… Asian markets were mostly higher after a jump in U.S. housing sales suggested the economy is picking up speed. November home re-sales rose 7.4 percent, above a forecast 2.5 percent. It adds to upbeat technology forecasts and corporate deal making. A slew of mining activities also pushed commodity shares higher --...
24.12.2009
NTDTV
Market Report - Asia Slips on Earnings Prospects News
In today’s market report… Asian stocks slipped as investors became cautious about companies' earnings prospects. Resource stocks were hit by a fall in the price of gold, and banks lost ground after international regulators proposed tough new capital protection rules that would start 2012. In Australia, the country's biggest brewer,...
19.12.2009
NTDTV
Market Report - Asia Eyes U.S. Fed
Asian stocks wavered as investors turned cautious ahead of a meeting of the U.S. Federal Reserve. Markets expect the Fed to pledge to maintain very low rates for an extended period following the two-day meeting which begins later on Tuesday, but they will be on guard for any new indications about monetary policy. Meanwhile, the strengthening...
16.12.2009
NTDTV
Market Report - Weaker Yen Boosts Markets
In today’s market report… a weaker yen boosted Asian shares on hopes of a global economic recovery. The Nikkei advanced broadly as the yen edged lower against the U.S. dollar, boosting exporters like Sony. Korean and Taiwan shares gained, with chipmakers gaining on strong November sales. And oil prices edged up on the global recovery...
12.12.2009
NTDTV
Market Report - Dollar Down from 4-week Highs
Asian shares were down Tuesday, as a weaker dollar took the shine off of regional exporters. Comments from Federal Reserve Chairman Ben Bernanke sparked worries about a sluggish U.S. recovery, pushing the dollar down from 4-week highs. Weaker metals prices weighed on trading houses and commodities-linked firms, but plans for a $4.5 billion...
09.12.2009
NTDTV
Market Report - JAL, Asia Higher
In today’s market report… Japan Airlines rallied after news the government may guarantee about $7.8 billion in loans for the debt-stricken airline. The benchmark Nikkei closed at a six-week high, also helped by the dollar's surge against the yen on the back of better-than-expected U.S. jobs data. The economic news boosted investor...
08.12.2009
NTDTV
Possible Funding for Troubled Japan Airlines
Japan Airlines found itself at the center of international traffic Thursday, with American Airlines and Delta separately in Tokyo to court the troubled carrier with aid and investment offers. Asia's largest airline by revenue, which suspended some repayments on $15 billion in debt, has seen share plummet since Japan's transport minister and...
04.12.2009
NTDTV
Market Report - Asia up on Dubai
Dubai's efforts to restructure about $26 billion in debt comforted regional investors Tuesday, while a sudden Bank of Japan meeting boosted Japanese shares. HSBC, which loaned Dubai World almost $20 billion, rose in Hong Kong after the development firm unveiled a restructuring plan. In Hong Kong, China Eastern Airlines rose after it won...
02.12.2009
NTDTV
Market Report - Dubai Fears Ease
Asian investors shook off concerns of Dubai’s financial woes Monday, pushing banks and regional stock markets higher on hopes potential fallout would be limited. Financial markets shuddered last week after Dubai said it would ask creditors of its state-owned development firm to accept a debt standstill. The yen's step back from a 14-year...
01.12.2009
NTDTV
Market Report - Asian Banks Dip
Asian banks and financial shares dipped Wednesday, as investors sold after weaker-than expected U.S. economic data was released. The U.S. economy grew 2.8 percent in the last quarter, which was down from a forecasted 3.5 percent. Japanese banks fell after Mitsubishi UFJ announced plans last week to sell over $11 billion in shares for...
25.11.2009
NTDTV
Market Report - Central Banks Intervene
Asian shares were up Tuesday boosted by Wall Street gains. The South Korean, Philippine and Thai central banks were spotted stepping into the market to stem appreciation against the US dollar. In Seoul, defense firm shares jumped after a report of a naval skirmish with North Korea in Yellow Sea waters off the west coast. No casualties were...
10.11.2009
NTDTV
Market Report - CIT Files for Bankruptcy
Debt-stricken U.S. lender CIT has filed for bankruptcy. The global financial crisis left the company unable to fund itself, pushing the dollar and Asian financial stocks lower. The bankruptcy of the century-old firm… that lends to small and medium-sized businesses including Dunkin' Donuts… was widely expected. The announcement is a...
04.11.2009
NTDTV
Market Report - Apple Boosts Asia
Apple's upbeat earnings and quarterly sales records helped to boost Asian technology shares Tuesday. A slew of strong results pushing Wall Street to a 12-month high lifted Japan's Nikkei, particularly the chip sector. Construction equipment maker Komatsu jumped after the Nikkei newspaper said it made a $110 million profit in the last quarter...
20.10.2009
NTDTV
Market Report - Asian Shares Edge Higher
In today’s market report… Asian shares edged higher ahead of key economic data due later in the week. ICBC, the world's largest bank by market value, agreed to buy a 19-percent stake in ACL Bank from Bangkok Bank for almost $105 million. Shanghai Pudong Development Bank, which is partially owned by Citigroup, said it had completed a...
01.10.2009
NTDTV
Market Report - Japan Exports Fall
In today’s market report… economic recovery in Japan is likely to take time because data showed a slump in Japanese exports for the second straight month. Exports fell 36 percent in August compared to a year earlier. There was a steep drop in shipments of steel and other electronic parts to China. But aiming to kickstart demand, video game...
24.09.2009
NTDTV
In today’s market report… Korean technology shares helped Asian markets edge higher. Shares in Samsung Electronic, the world's biggest maker of memory chips, jumped, although the company says it’s cautious on the outlook for the sector. Elsewhere in Asia, markets were subdued with Japan still closed for a public holiday. A recovery in...
22.09.2009
NTDTV
High Gold Prices Dampen India’s Festive Season
Surging gold prices are set to dampen the festive season for the worlds biggest consumer market, India. For centuries gold has held a timeless allure for Indian women, who like to showcase their best jewels on social occasions like weddings and festivals. Giving gold is an integral part of an Indian weddings, where parents of the bride give...
17.09.2009
NTDTV
Market Report - China Tire Duties in the U.S.
In today’s market report… the U.S. is imposing duties on tires from China leading to tensions between the two nations. The share price of Chinese tire makers plunged in early trade Monday, led by major producer Double Coin. Shares in South Korea also fell, as the steep duties on the Chinese exports sent Seoul's top tire makers...
14.09.2009
NTDTV
Market Report - Asia Banks Dip
In today's market report... U.S. financial sector concerns and a resurgent yen chilled Asian investor enthusiasm. Even signs of better regional growth could not offset the news. Australian banks, like financials across the region, followed U.S. peers lower, as investors took little comfort in surprisingly brisk Oz economic expansion. In South...
03.09.2009
NTDTV
In today’s market report… Japan's election euphoria fizzled out, as the yen's seven-week peak against the dollar hurt exporters. Tumbling Shanghai stocks erased the Nikkei's jump to an 11-month high. The election result, while widely anticipated, sparked buying of yen on hopes that new policies will support consumer spending in an economy...
31.08.2009
NTDTV
Market Report - Asian Markets Mixed
In today's Market Report… most Asian stock markets were lower today, keeping a wary eye on volatile Chinese shares. Also currency traders went on the defensive after a wild seesaw week. Japan's Nikkei slipped to a 3-week-low, with automakers like Nissan the biggest losers. The Shanghai stock market rose, led by banks after strong earnings...
22.08.2009
Interessenskonflikt entgleist
Gewaltsamer Protest gegen Zwangsumzug von Händlern in Warschau
Warschau – Mit Steinen, Feuerlöschern und Tränegas haben sich Händler in Warschau gegen eine Verlegung ihrer Marktstände zur Wehr gesetzt. Bei den Auseinandersetzungen mit Sicherheitskräften wurden nach Angaben der Polizei am Dienstag zwölf Beamte und einige weitere Personen verletzt sowie 15 Menschen festgenommen. Die Besitzer der Buden...
21.07.2009
Gewaltsamer Protest
Behörden fordern Zwangsumzug von Händlern in Warschau
Warschau – Mit Feuerlöschern, Tränengas und Steinen haben sich Händler in Warschau gegen eine Verlegung ihrer Marktstände zur Wehr gesetzt. Die Besitzer der Buden verbarrikadierten sich am Dienstag in der Markthalle und hinderten Gerichtsvollzieher und Wachleute daran, das Gebäude zu betreten, wie ihr Sprecher Damian Grabinski mitteilte....
21.07.2009
Alltagsleben
Shah Ali, ein afghanischer Junge, wartet auf Kundschaft, um auf einem Markt in Kabul Eier zu...
05.04.2009
Internationale Autobauer mit Rekord-Marktanteil in Deutschland
Frankfurt/Main – Internationale Autobauer haben ihren Marktanteil in Deutschland nach Angaben des Branchenverbandes VDIK auf den Rekordwert von 36,1 Prozent gesteigert. Mit einem Plus von 5,2 Prozent auf 1,24 Millionen Pkw-Neuzulassungen sei der Absatz in diesem Jahr deutlich stärker als der Gesamtmarkt mit 3,2 Prozent gestiegen, erklärte der...
20.12.2006