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Roundup: Tokyo stocks close higher on hopes for full economic restart

China.dot.org 25 May 2020

The 225-issue Nikkei Stock Average gained 353.49 points, or 1.73 percent, from Friday to close the day at 20,741.65. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 24.40 points, or 1.65 percent, to finish at 1,502.20 ... As such, Nippon Steel added 2.7 percent, while Kobe Steel climbed 3.5 percent....

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Corporate bond funds: A blend of moderate risks and above-average returns

Moneycontrol 19 May 2020

As a category, these funds have delivered 8.8 per cent returns over the past one year ... related news ... If the fund has exposure to papers rated below AA+, then there is added risk involved. For example, Nippon India Prime Debt Fund has 5.5 per cent exposure to ‘A’ rated bonds ... Otherwise the gains are added to investors’ income and taxed at marginal rate....

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MSCI India index rejig: Jubilant Food, Ipca Labs among 6 stocks added; 5 scrips removed

Moneycontrol 13 May 2020

Amber Enterprises, Ashok Leyland, Cummins India, Emami, Future Retail, GMM Pfaudler, IndiaMart InterMesh, M&M Financial Services, Mishra Dhatu Nigam, Nippon Life India, NLC India, Relaxo Footwears and Tata Power Company will be added in Domestic Small Cap Index with effect from May 29....

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Japan's Nippon Life eyes strategic investment in IndusInd Bank

Live Mint 12 May 2020

"They are in discussions with at least three groups including Nippon Life and a major financial institution from Europe for the fundraise ... An investment in IndusInd Bank will help Nippon Life strengthen its distribution network through bancassurance, the person added....

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Tokyo stocks close sharply higher on China's factory data, hopes for anti-virus drug

Xinhua 30 Apr 2020

The 225-issue Nikkei Stock Average added 422.50 points, or 2.14 percent, from Tuesday to close the day at 20,193.69 ... Steelmakers also gained on similar hopes, with Nippon Steel climbing 4.7 percent, Japan Steel Works adding 3.0 percent, and Kobe Steel surging 6.1 percent....

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Google gives $2.3M to 18 news organizations in Asia Pacific

Crunch 30 Apr 2020

The company additionally also offers mentoring and training sessions to these organizations, the spokesperson added ... Australian Community Media, another recipient, is developing a new platform for classified ads that will better support local newspapers and small businesses. Japan’s Nippon TV is using AR to bring its news archives to life ... ....

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Fund manager eying India stimulus bets on domestic demand stocks

The Times of India 29 Apr 2020

Sailesh Raj Bhan, deputy chief investment officer at Nippon India Mutual Fund, favors bets on local companies amid expectations for government stimulus combined with lower interest rates and oil prices ... Stimulus added to the low rates and crude prices will boost the economy and share prices, in Nippon India’s view....

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Nippon, union to bargain over COVID workplace safety measures

TDN 26 Apr 2020

Many of the mills have adopted added safety measures for COVID-19, Anderson said, but not Nippon Dynawave ... Anderson said he asked Nippon Dynawave about how workers in the winders’ shacks could social distance, and whether the company would consider adding more stations....

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Roundup: Tokyo stocks close higher on hopes for U.S. economy restart

China.dot.org 17 Apr 2020

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 20.30 points, or 1.43 percent, to finish at 1,442.54 ... stock futures tracking higher helped underpin the market, strategists here said, adding that China's latest GDP data was largely within market expectations ... climbing 4.7 percent and Nippon Steel Corp....

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Looking for investment ideas? Here are top stocks that mutual funds bought in March

Yahoo Daily News 14 Apr 2020

Nippon AMC. Nippon AMC increased its holdings in Bayer CropScience Ltd ... For its second most bought share in March, Nippon AMC moved towards the banking sector, adding 28 lakh shares of Bandhan Bank ... Third on Nippon AMC's list was IT major Tata Consultancy Services....

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Boeing’s jet deliveries slowed further in March while order losses increased

The Spokesman-Review 14 Apr 2020

And while the jet maker booked 31 new jet orders in March, it also saw 150 orders for the grounded 737 Max canceled ... large airplane lessor Avolon ... The new orders added in March consisted of a dozen 787 Dreamliners for All Nippon Airways (ANA) of Japan, one 767 freighter for FedEx, and 18 of the 737-based P-8 anti-submarine plane for the Navy ... ....

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Telecom crisis: Mutual funds quarantine Vodafone Idea but eye opportunities in Bharti Airtel

Yahoo Daily News 17 Mar 2020

While Nippon India Mutual Fund was the biggest buyer of Vodafone Idea; DSP Mutual fund was the biggest seller of the scrip on-month basis ... Nippon India Mutual Fund was the biggest buyer of Bharti Airtel, adding close to 30 lakh shares in February 2020....

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Yes Bank case: Nippon India MF expresses concern over RBI's proposal to write-down perpetual bonds

The Times of India 11 Mar 2020

New Delhi, Mar 11 () Nippon India Mutual Fund has termed the RBI's proposal to write-down the perpetual bonds issued by Yes Bank as unprecedented and expressed concerns about its implications on investors ... "We will continue doing our best in the interest of investors," the fund house added....