Sunday, 26 April 2015

Asian Market Update

Nikkei flat Japan's benchmark index reversed earlier losses to hover along the flatline as investors concentrated on first-quarter earnings results from heavyweights Canon and Fanuc, due later in the day. Sony lost over 1 percent on media reports that former executives accused CEO Kazuo Hirai last week of diminishing the company's creativity. This offset news from the Nikkei daily that Sony is expecting an operating profit of 300 billion yen next fiscal period, which would mark its best performance since 2008.


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