Japan stocks higher at close of trade; Nikkei 225 up 0.42%
Investing.com – Japan stocks were higher after the close on Friday, as gains in the Shipbuilding, Precision Instruments and Chemical sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.42%. The best performers of the session…
Australia stocks lower at close of trade; S&P/ASX 200 down 0.10%
Investing.com – Australia stocks were lower after the close on Friday, as losses in the Materials, Metals & Mining and Consumer Discretionary sectors led shares lower. At the close in Sydney, the S&P/ASX 200 declined 0.10%. The best performers of…
China stocks ‘riding the dragon’s tail’ amid stimulus swings- MRB Partners
Investing.com– China’s recent round of stimulus sparked a strong rally in local stocks over the past few weeks, but MRB Partners said that China’s earnings outlook still remained muted, and that it was too soon to upgrade local stocks. MRB…
Uniqlo owner Fast Retailing posts 31% rise in full-year profit, beats estimates
TOKYO (Reuters) -Japan’s Fast Retailing, owner of clothing brand Uniqlo, booked its third consecutive year of record earnings on Thursday, boosted by widened profit margins in its international segments. Operating profit rose 31% to 500.9 billion yen ($3.35 billion) in…
Qatar to write off loans to boost private sector growth
ABU DHABI (Reuters) – Qatar is planning initiatives to boost private sector growth in the Gulf state, including writing off some loans to Qatari companies made during the COVID-19 pandemic, state media reported late on Wednesday. The Cabinet has called…
Factbox-IPOs stage fall comeback in Europe
(Reuters) – Initial public offerings (IPOs) are slowly coming back in Europe after a summer lull. Polish convenience store group Zabka’s IPO is set to raise 6.45 billion zlotys ($1.64 billion) this month, while Spanish energy and water utility Cox…