Toshio Sumitani

Toshio Sumitani News

  • Japanese Stocks Advance on Yen, China Manufacturing PMI

    Japan stocks advanced for a second day after the yen weakened and official data showed China’s manufacturing expanded for the first time in three months. Panasonic Corp. led electronics makers lower after forecasting a loss 30 times bigger than expected.

  • Japanese Equities Swing Between Gains and Losses

    Japanese shares climbed after Federal Reserve Chairman Ben S. Bernanke said he’s prepared to do more to stimulate U.S. growth if needed. Gains were limited after ruling party powerbroker Ichiro Ozawa was found not guilty of violating campaign finance laws, raising concern gridlock may make it difficult to pass new consumption taxes.

  • Asian Stocks Rise as Federal Reserve Signals Low Interest Rates

    Asian stocks rose, with the regional benchmark index heading for a two-month high, after the Federal Reserve renewed its pledge to stimulate U.S. economic growth with low interest rates and as companies from Hyundai Motor Co. to Advantest Corp. posted higher earnings.

  • Japanese Stocks Gain on Optimism Europe Will Act to Stem Crisis

    Japanese stocks rose, sending the Nikkei 225 Stock Average to a one-month high, on speculation European leaders will step up efforts to fight the debt crisis at a summit tomorrow as 15 euro nations face the threat of rating downgrades.

  • Japanese, Australian Stock Futures Rise on Fed’s Rate Pledge

    Japanese stock futures rose after the U.S. Federal Reserve renewed its pledge to stimulate growth in the world’s biggest economy with low interest rates. Australian stocks futures gained.

  • Japanese Stock Futures, Australian Uranium Shares Decline Following Quake

    Japanese stock futures and shares of Australian uranium producers fell after Japan’s strongest earthquake on record caused large-scale destruction in the country’s northeast, including to nuclear power stations.

  • Hong Kong Stocks Hit Two-Week High on IMF Forecast, Spain

    Hong Kong stocks rose, driving the benchmark index to a two-week high, as the International Monetary Fund raised global economic forecasts and Spain sold more debt than targeted, boosting the outlook for exporters.

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