14-day Premium Trial Subscription Try For FreeTry Free
Fast Retailing shares 9983, +5.07% rose sharply after the owner of apparel retailer Uniqlo posted a record annual net profit thanks to stronger global sales and projected further earnings growth ahead
Japan's Nikkei index extended its climb to scale a near 33-year high on Tuesday, with trading houses and Uniqlo operator Fast Retailing leading the gains on technical support for heavyweight shares ah
The momentum behind Asia-led growth is considerable. But higher sales have not all translated into profits, at least not the bottom line kind.
Japan stocks have moved sideways in the past few weeks as concerns about the global economy remain. The closely-watched Nikkei 225 (NI225) index was trading at ¥27,412, which was a few points below t
Japanese Prime Minister Fumio Kishida has repeatedly called for companies to increase wages, a plea that has gained urgency as prices for everyday goods have surged.
Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith discuss the rise in retail wages for Japanese Uniqlo workers.

7 Growth Stock Predictions for 2023

01:19pm, Wednesday, 19'th Oct 2022
Within the confines of the fourth quarter, it's only natural that investors look to growth stock predictions for next year. If a succinct summary existed regarding this framework, it might be disrupti

The 7 Best OTC Stocks to Buy in September

12:05pm, Friday, 09'th Sep 2022
While most investors should stick with equities listed in major U.S. exchanges, sometimes venturing out into the over-the-counter market – and specifically, the best OTC stocks to buy — may yield
Japan's Fast Retailing, the owner of global clothing chain Uniqlo, said on Thursday it would open its first discount brand GU store in the United States this autumn.
Uniqlo parent company Fast Retailing is joining others in the fast fashion world by raising prices on fleece items at a time when shoppers are looking for every possible bargain they can find — but
Fast Retailing Co. shares 9983, +5.76% rose sharply Friday morning after the apparel company said Uniqlo same-store and e-commerce sales in Japan increased 17.5% in May from a year earlier.
Fast Retailing Co. 9983, +6.63% shares rose sharply Friday after the Uniqlo owner delivered strong first-quarter results and raised its fiscal-year net profit guidance.
Clothing brand Uniqlo's Japanese owner said on Thursday first-half operating profit climbed 18%, even as COVID-19 lockdowns in China hampered sales in its biggest overseas market.

Uniqlo reverses decision to remain in Russia

09:09am, Friday, 11'th Mar 2022 Retail Sector
Fast Retailing, the parent company of fashion brand Uniqlo, has announced it will temporarily suspend its operations in Russia amid the ongoing Ukraine crisis. While previously continuing its Uniqlo business in Russia, the company said it has recently faced a number of difficulties, including operational challenges and the worsening of the conflict situation. The announcement …
TOKYO: Japan’s Nikkei recorded its worst week since late November, as a surge in US inflation and little progress in talks between Ukraine and Russia’s foreign ministers soured risk sentiment. The Nikkei share average closed 2.05% lower at 25,162.78, coming off the day’s low. The benchmark fell 3.17% for the week, the most since a 3.34% retreat in the period ended Nov. 26, and marking its fourth straight weekly decline. The benchmark had plumbed its lowest close since November 2020 at 24,717.53 on Wednesday, before rallying the most in 21 months the very next day. The broader Topix lost 1.67% on Friday, down 2.46% for the week, and also registering a four-week losing run. “In this environment where it’s not possible to make a forecast for what’s coming, you can’t expect any real attempt to take stocks higher,” said a trader at a domestic securities firm. Of the Nikkei’s 225 component stocks, 142 fell, 77 rose and six were flat. The consumer, real estate and tech sectors dropped the most, while energy shares saw sharp gains as crude resumed its climb.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE