Business and Economy

Business and Economy Latest News

Tokyo's Nikkei index closes up 10.2% after previous day's record fall
Tokyo's Nikkei index closes up 10.2% after previous day's record fall
by  AFP

Tokyo's key Nikkei index closed more than 10 percent higher Tuesday, bouncing back from a record selloff the previous day on worries over the US economy and a stronger yen. Among major shares in Tokyo on Tuesday, Honda roared 14.70 percent to 1,435.5 yen following a report that it was expected to announce a record quarterly profit.

Saudi Aramco Q2 profit dips 3% as output stays low
Saudi Aramco Q2 profit dips 3% as output stays low
by  AFP

Saudi oil giant Aramco on Tuesday reported net income of $29.07 billion in the second quarter, a slight drop from the same period last year as output remained subdued. But the cash cow saw its profits drop by a quarter last year because of lower oil prices and production cuts, and profits in the first quarter of this year were down 14.5 percent.

Tokyo stocks surge after previous day's record fall
Tokyo stocks surge after previous day's record fall
by  AFP

Tokyo stocks surged Tuesday following a record selloff the previous day that was fuelled by worries over the US economy and a stronger yen. Among major shares in Tokyo on Tuesday, Honda roared 16.58 percent to 1,459 yen following a report that it was expected to announce a record quarterly profit.

Energy

Money

Industry

Technology

Economy