Osaka Securities Exchange Co., operator of Japan’s second-largest exchange, surged the most in almost two years after the Asahi newspaper reported the Tokyo Stock Exchange Group Inc. is seeking a takeover.
The following are comments by investors and analysts following today’s earthquake in Japan. An 8.9-magnitude earthquake struck the coast of Japan, causing a tsunami as high as 10 meters that inundated towns north of Tokyo.
Japan Tobacco Inc. , the world’s third-largest publicly traded cigarette maker, fell the most in two months in Tokyo trading on speculation the industry’s sales growth last month may have been weaker than forecast.
Japanese stocks slid, dragging the Topix index down for the fourth straight day, as the yen rose and on concern Europe’s debt crisis will worsen after Fitch Ratings called the U.K.’s fiscal challenge “formidable.”