Hong Kong retailers bank on duty-free quota hike to boost sales
By Reuters Published Jul 6, 2024 An increase in the duty-free quota for Chinese tourists to Hong Kong may go some way to support the city’s retailers, but visitors from …
TSE
Japan’s Topix to include broader range of companies, but fewer of them
The Tokyo Stock Exchange will broaden the range of stocks that are included in Japan’s benchmark Topix index while reducing their number, as it seeks to boost its appeal as …
Activists’ proposals hit record high for Japan’s AGM season
Japanese companies received a record number of shareholder proposals from institutional investors for this year’s annual general meeting season, reflecting rising activism in the country. A total of 45 companies …
Kioxia plans to list as early as October as merger talks stall
Kioxia Holdings plans to go public on the Tokyo Stock Exchange as early as October, even as some executives hope to revive merger talks with Western Digital. The NAND flash …
Nikkei index surges past 1989’s all-time high
The 225-issue Nikkei average has hit a record high after stocks surged on Thursday, buoyed by continued enthusiasm from overseas investors. By close of trading, the Nikkei had remained buoyant, …
Tokyo bourse reclaims top spot for market capitalization in Asia
The Tokyo Stock Exchange has reclaimed top spot in Asia in total market capitalization of listed companies in U.S. dollar terms, data showed Monday, some three-and-a-half years after it ceded …
Tokyo bourse to make simultaneous English disclosure mandatory for top firms
The Tokyo bourse plans to require all companies listed on its prime section to publish simultaneously in English and Japanese any information that could impact investment decisions, in an effort …
Surging Nikkei may top 40,000 this year, strategists say
The soaring 225-issue Nikkei average may set a new all-time high and exceed 40,000 in 2024, some strategists said Friday. The index’s all-time high was set in 1989 when it …
Nikkei breaks 35,000 level for first time since February 1990
The 225-issue Nikkei average reached its highest level since February 1990 on Thursday, with a weaker yen buoying exporters and caution over an impending hike by the Bank of Japan …
Toshiba posts ¥52 billion net loss before delisting in Japan
Toshiba said Tuesday that it posted a net loss of ¥52.14 billion ($344 million) for the six months ended September due to losses related to its chip affiliate Kioxia, marking …