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UPDATE 2-Japanese steelmaker JFE eyes overseas investments amid slower profit growth
Reuters via Yahoo Finance Canada· 2 months agoJFE Holdings plans to ramp up overseas investments as part of a long-term drive to double profits, Japan's No. 2 steelmaker said on Tuesday, as it posted a 21.4% rise in annual net profit but ...
Exclusive-Japan's Seibu considers sale of Tokyo office building for $2 billion, sources say
Reuters via Yahoo Canada News· 4 months agoJapan's Seibu Holdings is considering selling a high-end office building in central Tokyo for at least $2 billion, people familiar with the matter said, in what would be one of the country's ...
Indian Steelmaker Plans to Build Europe's Most Advanced Rail Mill
Oilprice.com via Yahoo Finance Canada· 4 months agoJSW Steel has announced a €140 million investment to restart and expand operations at the Piombino plant in Italy, aiming to modernize the facility and double its rail-making capacity.
Japan's Nikkei closes at one-month high; JFE slides
Reuters via Yahoo Finance Canada· 10 months agoJapanese stocks closed at their highest levels in a month on Tuesday, even as profit-taking emerged as the Nikkei index rose afresh above the key 33,000 mark and speculation about new share ...
UPDATE 1-Japan's Nippon Steel Q1 profit falls 23%, but raises annual f'cast
Reuters via Yahoo Finance Canada· 11 months agoNippon Steel, Japan's top steelmaker, posted a 23% drop in net profit in the first quarter of the 2023/2024 fiscal year, but raised its full-year forecast by 8% on higher-than-expected margins ...
GLOBAL MARKETS-Asian stocks edge lower amid gloomy China data as US CPI looms
Reuters via Yahoo Finance Canada· 1 year agoAsian stocks eased back from more than two-week highs on Tuesday as traders squared positions heading into a key U.S. inflation report, while gloomy Chinese trade data also kept risk sentiment ...
Japan stocks jump as investors gauge upbeat earnings season
Reuters via Yahoo Finance Canada· 1 year agoJapanese shares rallied on Tuesday, underpinned by steelmakers and shipping companies following upbeat corporate earnings, and as investors assessed the prospects of a rebound in the domestic ...
Japan's Nikkei inches lower ahead of Powell's speech
Reuters via Yahoo Finance Canada· 1 year agoTOKYO, Feb 7 (Reuters) - Japan's Nikkei index pared gains to inch lower on Tuesday, as investors awaited a speech by U.S. Federal Reserve Chairman Jerome Powell, while a slew of corporate earnings ...
Japan's Nikkei rises on yen weakness; bank shares gain
Reuters via Yahoo Finance Canada· 1 year agoJapan's Nikkei index edged up on Tuesday as sentiment was buoyed after the yen weakened, while banking shares led gains on expectations that the Bank of Japan (BOJ) may be on track to normalize ...
Japan's Nikkei inches higher on U.S. futures gain, weak yen
Reuters via Yahoo Finance Canada· 1 year agoTOKYO, Jan 20 (Reuters) - Japan's Nikkei share average reversed course to inch up on Friday, as sentiment was boosted by higher U.S. futures after Wall Street losses overnight and the weakened ...