John Mccluskey

Asia Stock Index Poised for Weekly Gain as Topix Climbs

Asia’s benchmark stock index is poised for a second weekly advance after Japan’s Topix Index closed at the highest level since 2008 as leasing companies rallied on a report Prime Minister Shinzo Abe will encourage the practice as part of his growth strategy.

Japan Stocks Rise as Leasing Shares Climb on Abe’s Plan

Japan’s Topix Index closed at its highest since August 2008, led by leasing companies on a report Prime Minister Shinzo Abe will encourage the practice as part of his growth strategy.

Sony Shareholder Daiwa Opposes Loeb on Profit Concerns

Daiwa Asset Management Co., which bought Sony Corp. shares last year as it bet a weaker yen would boost earnings, is opposed to hedge-fund manager Daniel Loeb’s proposal to spin off the electronic maker’s entertainment unit, claiming it will drain the company of a source of profits.

Japanese Stock Futures Fall as Data Signal U.S. Slowdown

Japanese stock futures fell after data showed U.S. jobless claims rose and housing starts slumped, signaling a slowdown in the world’s biggest economy and damping the earnings prospects for exporters. Australian stock futures advanced.

Asian Stocks Retreat as Japanese Banks Fall on Earnings

Asian stocks fell, with the regional gauge retreating from a five-year high, as a drop in Japanese banks after forecasting lower earnings offset a report that Japan’s economy expanded faster than analysts estimated.

Topix Retreats From 4 1/2-Year High as Brokerages Slide

Japanese stocks fell, with the Topix Index retreating from a 4 1/2-year high, as technical indicators signaled the market may be overheating and Mitsubishi UFJ Financial Group Inc. led banks lower on earnings.

Hong Kong Shares Fall as Hang Seng Heads for Weekly Drop

Hong Kong shares fell, led by developers, as the city’s benchmark equity index headed toward its first weekly drop in four weeks.

Japanese Stock Futures Rise on Bets Fed to Keep Stimulus

Japanese stock futures rose after the benchmark U.S. equity index extended a record high amid bets the Federal Reserve won’t rush to scale back stimulus. Australian equity futures were little changed.

Asian Stocks Advances as Nikkei 225 Surges Above 15,000

Asian shares rose as the Nikkei 225 Stock Average closed above 15,000 for the first time since 2007 after the yen touched a 4 1/2-year low against the dollar, boosting the earnings outlook for Japanese exporters.

Hong Kong Stocks Climb as Li & Fung, Developers Advance

Hong Kong stocks rose, with the Hang Seng Index rebounding from its biggest two-day drop in a month, led by Li & Fung Ltd. and property developers.

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U.S. Stocks Little Changed After Four-Week S&P 500 Rally

Yen Rises Most in 3 Weeks as Amari Signals Concern; Kiwi Gains

Microsoft Updates Xbox as Apple to Facebook Gain in Games

Yen Rebounds as Silver Slides While S&P 500 Retreats

Yahoo’s Mayer Buys Tumblr for $1.1 Billion Biggest Deal