Mitsubishi UFJ Financial Group (MUFG, MBFJF, 8306.T) Friday reported higher profit for the fiscal year ended March 31, 2026 with growth in ordinary income. Further, for fiscal 2027, the company projects higher earnings, and increased dividends. For fiscal 2026, net profit attributable to the company...
Dentsu Group Inc. (DNTUF, 4324.T), a Japanese advertising and public relations holding company, on Friday reported higher net income in the first quarter of 2026 compared to the previous year. For the first quarter, profit attributable to the owners of the parent increased to 40.15 billion yen from...
Japan Post Insurance Co., Ltd. (JPPIF, 7181.T) Friday reported higher profit for the fiscal year ended March 31, 2026, while ordinary income, equivalent to net sales, declined from last year. Further, for fiscal 2027, the company projects lower earnings and ordinary income, and a cut in dividend. For...
Japan Post Holdings Co., Ltd. (JPHLF) Friday reported slightly higher profit for the fiscal year ended March 31, 2026, while ordinary income, equivalent to net sales, edged down from last year. Looking ahead for fiscal 2027, the company projects higher earnings, but lower ordinary income. For fiscal...
Auckland International Airport Ltd. (AIA.AX) reported Friday that total passengers through Auckland Airport reached 1.56 million in April, up 1 percent on the prior year. Total aircraft movements declined 1 percent to 12,656, while total aircraft take-off weight was flat at 583,000 tonnes for the...
Daiichi Life Group, Inc. (DLICY, DCNSF, 8750.T), a Japanese insurance holding company, on Friday, reported net income declined despite an increase in revenue in the full year ended March 31, 2026, compared with the previous year. For the full year, net income attributable to the shareholders of the...
Exyn Technologies, Inc. (EXYN), on Thursday announced the pricing of its initial public offering of 2.5 million units at $7.75 per unit, for gross proceeds of about $19.4 million. The offering is expected to close on or about May 18. The company said that each unit consists of one share of common...
T&D Holdings, Inc. (8795.T, TDHOY), an insurance holding company, on Friday reported higher net income despite lower ordinary revenue in the full year ended March 31, 2026 compared with the previous year. For the full year, profit attributable to the owners of the parent increased to 138.97 billion...
LVMH Moet Hennessy Louis Vuitton SE (MOH.DE, LVMHF.PK, MC.PA), a major French luxury products company, has inked a deal with WHP Global, a brand manager, to sell Marc Jacobs brand. With the Marc Jacobs brand, WHP Global will exceed $9.5 billion in global retail sales. The transaction is expected...
Iron Dome Acquisition I Corp. (IDACU), on Thursday announced the pricing of its initial public offering of 15 million units at $10 per unit, for gross proceeds of $150 million. The offering is expected to close on May 18. The company said that each unit consists of one Class A ordinary share and...
Subaru Corp. (FUJHY, 7270.T), a Japanese manufacturer of automobiles and aerospace products, reported Friday sharply lower profit in fiscal 2026, despite higher revenues. Further, the company issued outlook for fiscal 2027, expecting significantly higher profit with increased revenues. On the Tokyo...
Federal Reserve Governor Stephen Miran resigned from his position on the policy board "effective upon or shortly before the swearing in" of the chairman-designate Kevin Warsh. President Donald Trump nominated Miran as a member of the Board of Governors in September last year after Adriana Kugler stepped down. His term ended on January 31.
After ending the previous session modestly lower, the Dow showed a strong move back to the upside during trading on Thursday, closing above 50,000 for the first time in three months. The Nasdaq and the S&P 500 also moved higher, adding to Wednesday's gains and once again reaching new record closing highs.
Stocks have moved mostly higher over the course of the trading day on Thursday, with the Nasdaq and S&P 500 reaching new record intraday highs. The Dow has also moved to the upside after yesterday's dip, climbing back above 50,000. Currently, the major averages are just off their highs of the session.
Partly reflecting a jump in wholesale inventories, the Commerce Department released a report on Thursday showing U.S. business inventories increased by slightly more than expected in the month of March. The report said business inventories climbed by 0.9 percent in March after rising by 0.4 percent in February. Economists had expected business inventories to grow by 0.8 percent.
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.