Tokyo stocks open higher on US gains

05:36am, Thursday, 10'th Feb 2022 Business Recorder
TOKYO: Tokyo stocks opened higher on Thursday after solid gains on Wall Street as investor sentiment improves ahead of a key inflation reading later in the day. The benchmark Nikkei 225 index rose 0.82 percent, or 226.24 points, to 27,806.11 at the open, while the broader Topix index added 0.56 percent, or 11.00 points, to 1,963.22. "Selling is likely to be dominant (in the Japanese market) after gains of US shares," Mizuho Securities said in a note. "But after completing a round of buying, a wait-and-see mood will spread ahead of the US inflation report and Japan''s three-day weekend," the investment bank predicted. Tokyo stocks close higher with eyes on earnings In New York, the Dow Jones Industrial Average finished up 0.9 percent. The S&P 500 gained 1.5 percent, while the tech-rich Nasdaq index jumped 2.1 percent. The dollar exchanged hands in Asian trade at 115.60 yen against 115.52 yen on Wednesday in New York. In Tokyo trading, tech shares were higher, with Tokyo Electron, which produces tools to build semiconductors, gaining 2.45 percent to 57,510 yen and chip-testing equipment maker Advantest jumping 3.96 percent to 9,710 yen.
NEW DELHI: Global automaker Toyota Motor and fast food chain Dominos Pizza are among half a dozen companies that have apologised to India for social media posts from their Pakistani partners expressing support for held Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after a rare diplomatic escalation between South Korea and India on Tuesday over social media posts by Hyundai Motors Pakistani partner, which caused an uproar in India and calls to boycott the carmaker. Japans Suzuki Motor, majority owner of Indias biggest carmaker Maruti Suzuki, Honda Motor and Isuzu Motor, South Koreas Kia Motors and Yum! Brands KFC also issued apologies as criticism grew on Twitter over the social media posts. The affray highlights the risks global companies face while navigating sensitivities amid rising nationalism in South Asia, and is prompting them to take steps to strengthen their social media policies to protect their brand. The row erupted on Sunday, a day after several companies posted messages on social media to mark Kashmir Solidarity Day, commemorated annually by Pakistan on Feb 5 to honour the sacrifices of Kashmiris struggling for self-determination.
NEW DELHI: Global automaker Toyota Motor and fast food chain Dominos Pizza are among half a dozen companies that have apologised to India for social media posts from their Pakistani partners expressing support for held Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after a rare diplomatic escalation between South Korea and India on Tuesday over social media posts by Hyundai Motors Pakistani partner, which caused an uproar in India and calls to boycott the carmaker. Japans Suzuki Motor, majority owner of Indias biggest carmaker Maruti Suzuki, Honda Motor and Isuzu Motor, South Koreas Kia Motors and Yum! Brands KFC also issued apologies as criticism grew on Twitter over the social media posts. The affray highlights the risks global companies face while navigating sensitivities amid rising nationalism in South Asia, and is prompting them to take steps to strengthen their social media policies to protect their brand. The row erupted on Sunday, a day after several companies posted messages on social media to mark Kashmir Solidarity Day, commemorated annually by Pakistan on Feb 5 to honour the sacrifices of Kashmiris struggling for self-determination.
Vivek Vaidya of the consultancy explains why automakers are waiting for the chip shortage to "go away."
Honda Motor Co., Ltd. (HMC) Q3 FY2022 Results - Earnings Call Transcript
Ford Motor Co. (NYSE: F), Rivian Automotive, Inc. (NASDAQ: RIVN) and Volkswagen AG (OTC: VWAGY) were among the automobile manufacturers with models named to the Best New Cars for 2022 list published b

Honda Motor (HMC) Q3 2022 Earnings Call Transcript

04:00pm, Wednesday, 09'th Feb 2022 The Motley Fool
HMC earnings call for the period ending December 31, 2021.

Honda Motor (HMC) Q3 2022 Earnings Call Transcript

04:00pm, Wednesday, 09'th Feb 2022 The Motley Fool
HMC earnings call for the period ending December 31, 2021.

Honda quarterly profits dip on chips shortage

03:36pm, Wednesday, 09'th Feb 2022 Just Auto
Honda quarterly profit has dipped on parts shortages and rising material costs, but the forecast for the current fiscal year was raised. The post Honda quarterly profits dip on chips shortage appeared first on Just Auto .

No Economic News May Be Good News for Stocks

03:19pm, Wednesday, 09'th Feb 2022 Investing.com
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Wednesday Market Open) No news may be good news as equity index futures are pointing to a higher open on another day of light economic announcements. There are several earnings announcements but no big companies that are likely to have far-reaching effects on the market. The higher premarket move could be an impressive follow up to yesterday’s rally. Crude oil prices and yields were lower before the market open which appears to be helping equity futures. Lower oil and yields are helping reduce investor fears as the Cboe Market Volatility Index (VIX) was 3.5% lower in premarket trading and nearing 20. Many of the earnings reports this morning are positive, starting with Toyota (NYSE: TM). The automaker reported better-than-expected earnings and revenues. TM had to cut its production targets due to the semiconductor shortage, but the stock was relatively unmoved in premarket trading.
NEW DELHI, India – Global automaker Toyota Motor and fast-food chain Domino’s Pizza are among half a dozen companies that have apologized to India for social media posts from their Pakistani partners expressing support for disputed Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after a rare diplomatic escalation between South Korea and India on Tuesday, February 8, over social media posts by Hyundai Motor’s Pakistani partner, which caused an uproar in India and calls to boycott the carmaker. Japan’s Suzuki Motor, majority owner of India’s biggest carmaker Maruti Suzuki, Honda Motor, and Isuzu Motor, South Korea’s Kia Motors, and Yum! Brands’ KFC also issued apologies as criticism grew on Twitter over the social media posts. The affray highlights the risks global companies face while navigating sensitivities amid rising nationalism in South Asia, and is prompting them to take steps to strengthen their social media policies to protect their brand. The row erupted on Sunday, February 6, a day after several companies posted messages on social media to mark Kashmir Solidarity Day, commemorated annually by Pakistan on February 5 to honor the sacrifices of Kashmiris struggling for self-determination.

Honda Motor Net income of ¥192.9B, revenue of ¥3.69T

10:34am, Wednesday, 09'th Feb 2022 Seeking Alpha
Honda Motor press release (HMC): FQ3 Net income of ¥192.9B.Revenue of ¥3.69T (-2.1% Y/Y).Shares +1.3% PM.FY2022 Outlook: Honda is expecting that the external business environment…
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