Asian equity markets end mostly higher Tuesday, with Australian stocks snapping a four-session losing streak after a surprise rate increase by the central bank.
Analysts expect Japan’s stock market to head much lower in the coming months as strength in the yen continues to put a damper on demand and dividend payouts.
Mazda Motor Corp.(TYO:7261), part owned by Ford Motor Co. (NYSE:F), will sell as much as 93.6 billion yen ($1 billion) of stock at a 3 percent discount to today’s closing price as it raises money to develop more fuel-efficient cars.
Mazda (PINK:MZDAF) (MZDAY) will sell new and existing shares owned by the company to local and [...]
Shares of Ford Motor Co. (F) and General Motors Corp. (GM) posted gains yesterday (Tuesday) on speculation that consolidation in the U.S. domestic auto industry could be the struggling sector’s saving grace.
Over the last three trading sessions, Ford shares are…
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