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Asian Activities Report for December 15, 2011: DeNA (TYO:2432) and Alibaba Cloud Computing to Form Strategic Alliance in China
DEC 15, 2011 11:00 - Article Views: 1,206
Asian Activities Report for December 15, 2011 includes: DeNA Co., Ltd. (TYO:2432) has agreed to form a strategic alliance with Alibaba Cloud Computing to provide DeNA's Mobage social gaming platform to consumers and developers in China; Marubeni Corporation (TYO:8002) has agreed to acquire a 40% equity interest in APT Allgas Energy Pty Ltd; Japan Airlines and WestJet Airlines (TSE:WJA), a low-cost airline in Canada have signed a codeshare agreement which will place the "JL" flight indicator on WestJet-operated flights between Vancouver And six Canadian cities - Calgary, Edmonton, Kelowna, Montreal, Toronto and Winnipeg, from December 15, 2011; Sumitomo Chemical Co., Ltd. (TYO:4005) and Nabaltec AG (ETR:NTG) of Germany have been in discussions about collaborating on their Alumina and Aluminum Trihydroxide businesses. |
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Asian Markets Overview of January 15
JAN 15, 2010 13:30 - Article Views: 4,865
Wall Street shares on Thursday shrugged off the news of disappointing economic data and rebounded from early loss. US retail sales fell unexpectedly by 0.3 per cent in December, a poor sign for the holiday shopping season. The market rise was led by technology shares as investors were expecting strong numbers from Intel. |
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Asian Markets Overview of January 13
JAN 13, 2010 13:30 - Article Views: 4,640
Overnight US shares was lower on the disappointing Alcoa fourth-quarter report and profit warning from Chevron and Electronic Arts. Financial sector also fell as investors feared that a potential government levy might hurt bank profits. |
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Asian Markets Overview of January 11
JAN 11, 2010 13:30 - Article Views: 5,415
US stocks was slightly higher on Friday, hitting at least 15-month closing highs despite a bigger-than-expected job loss data. US dollar was lowered on the disappointing payroll data. This week the US firms, which are widely expected to show significant improvement compared to the corresponding period last year, will kick off the quarterly earnings reporting season. |
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Asian Markets Overview of January 5
JAN 5, 2010 13:30 - Article Views: 5,422
Asian shares could be lifted after US and European markets rallied overnight on optimistic outlook of 2010. Yesterday Asian markets mostly kicked off the new year with gains. Japan's Nikkei surged 1 per cent on yen's weakness and a financial lifeline to Japan Airlines. The global markets also cheered for the strong manufacturing data from China and India. However, China's Shanghai Composite fell 1 per cent on Monday over fears on inflation. |
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Asian Markets Overview of January 4
JAN 4, 2010 13:30 - Article Views: 6,135
Asian shares delivered a positive opening this morning. The Asian bourses were higher in thin trade on the last day of 2009 as commodity prices rose and China pledged to maintain policies that helped pull the world economy out of recession. For the year, Hong Kong's Hang Seng Index added 52%, Australia's S&P/ASX 200 Index gained 31% in 2009 and Singapore was up 65 percent over the year. But Wall Street tumbled on the final trading day in 2009. Dow index remains down 26 per cent from its 2007 highs. |
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Asian Market Overview of November 18
NOV 18, 2009 16:14 - Article Views: 4,930
Asian bourses opened mixed on Thursday after Wall Street posted a small gain overnight. US dollar's rebound provides an excuse for investors to lock in profits from the recent rallies. Hong Kong's Hang Seng Index pared its early gains this morning after a touch of a fresh 15 month high. Tokyo stocks fell on jitters over a series of corporate fund raising plans. |
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Asia Market Overview of November 13
NOV 13, 2009 15:57 - Article Views: 5,426
Asian stock markets were broadly lower Friday following the weakness in Wall Street. Chinese shares also fell on profit taking, but airline equities rose across the board on a new pricing mechanism of fuel surcharge to take effect this weekend. |
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JAL (TYO:9205), Nippon Yusen (TYO:9101) in Talks of Cargo Operations Merger
AUG 21, 2009 17:04 - Article Views: 4,332
Japan Airlines Corp. (TYO:9205) is looking to team up with shipping firm Nippon Yusen KK (TYO:9101) as part of the airline's plan to return to profitability with the help of restructuring. |
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