TORONTO - The Toronto stock market was higher Thursday as further signs of U.S. economic growth helped lift commodity prices while bank stocks ran ahead even as TD Bank (TSX:TD) delivered quarterly earnings that narrowly missed expectations.
Demographics in the U.S., with a smaller proportion of older people than Japan, could prevent a Lost Decade.
TORONTO - The Toronto stock market was higher Thursday with lift coming from bank stocks even as TD Bank (TSX:TD) delivered quarterly earnings that narrowly missed expectations.
TORONTO - The Toronto stock market found some slight lift from the mining sector Thursday amid rising gold prices and from bank stocks even as TD Bank (TSX:TD) delivered quarterly earnings that narrowly missed expectations.
TOKYO, Sept 2 (Reuters) - The benchmark Nikkei average <.N225> rose 1 percent and the broader Topix <.TOPX> gained 0.6 percent on Thursday.
| Sep 02 | Japan is 'growing ripe' for bout of M&A activity: Goldman Sachs (Japan Times) |
| Japan "is ripe" for more mergers and acquisitions as companies have ample cash and the level of takeover activity is lower than it should be, according to Goldman Sachs Group Inc. Japanese companies should consolidate in industries where there is excessive competition, and be more aggressive in making acquisitions in Asia, where the long-term growth potential is high, Kathy Matsui, chief strategist for Goldman in Japan, said Wednesday. |
| Sep 01 | Stocks rebound after Nikkei hits 16-month low, politics weigh (AP) |
| Tokyo stocks rebounded Wednesday, with the Nikkei index recovering from a 16-month low hit earlier in the day, as the market got some relief from stronger-than-expected economic data overseas and fears receded about further appreciation of the yen. The 225-issue Nikkei Stock Average rose 102.96 points, or 1.17 percent, from Tuesday to 8,927.02. It fell to as low as 8,796.45 at one point, the lowest intraday level since April 30 last year. |
| Aug 31 | JGBs rally as Nikkei dives after easing disappoints (Reuters) |
| Japanese government bonds surged on on Tuesday, with futures erasing the steep losses of the previous two days, as a cycle of stocks slumping amid a strong yen and fuelling a drop in debt yields resumed after easing by the Bank of Japan the day before disappointed. The JGB yield curve flattened as index-following investors, such as passively managed pension funds looking to extend durations for the month's end, scooped up bargains in superlongs after a sharp steepening of the curve over the past few days, which some say had a spillover effect on other G3 government bond markets last week. |
| Aug 30 | Nikkei climbs 1.76% on central banks monetary easing moves (Xinhua) |
| Tokyo stocks rose sharply on Monday, with the key Nikkei stock index climbing back above the psychologically important 9,000 line as Japan's central bank decided to take additional monetary easing steps to combat the yen 's rise and comments by Federal Reserve Chairman Ben S. Bernanke pledging to safeguard the U.S. recovery also lifted investor sentiment. |
| Aug 27 | Tokyo stocks erase losses to end higher on hope for forex steps (AP) |
| Tokyo stocks rose Friday after erasing earlier losses, as expectations grew for Japanese authorities to take steps to counter the export-sapping surge in the yen, but caution about the U.S. economic outlook kept gains in check. After news broke during the lunch break that Prime Minister Naoto Kan will speak about the government's plan to deal with the strength of the yen, stocks entered positive territory, with the Nikkei index briefly rising above the 9,000 mark for the first time since Tuesday. |