TOKYO: Japan's Nikkei average edged up 0.4 per cent on Wednesday as technology shares and exporters gained in reaction to a sharp fall the day before, reversing an early drop that took the benchmark briefly to a 16-month low. Hitachi Ltd rose after sources familiar with the matter said the company is planning an initial public offering of its hard-drive unit in the United States, possibly by the year-end. Though the Nikkei quickly pared losses to edge back above 8,800, market players said...
Full Story: The Times of India
