Japan's corporate reforms burnish stocks, but bruise yen TOKYO, July 3- Japan's efforts to boost its economy through better corporate governance has drawn foreign investors into its stock markets but with the unintended side-effect of weakening the yen. "With the introduction of corporate governance, Japanese corporations are trying to boost ROE, an important metric for foreign investors," said Kaneo Ogino,...
| By: Shinichi Saoshiro
Tsipras: We're certainly staying in Europe The Greeks will vote on the referendum Sunday. What should investors be watching, with Kenny Polcari, O'Neil Securities; Dennis Gartman, The Gartman Letter; and CNBC's Rick Santelli.
Tsipras speaks to country The Greek Prime Minister Alexis Tsipras went on Greek television to speak about the referendum on Sunday, reports CNBC's Michelle Caruso-Cabrera.
Wall St Week Ahead-Low earnings forecasts may mean profit beats, market boost NEW YORK, July 2- With analysts' expectations for second-quarter U.S. earnings at rock-bottom levels, many companies may well beat forecasts, possibly setting up the stock market for gains in the coming weeks. With Alcoa set to kick off results season next week, investors are eyeing a 3- percent projected drop in benchmark S&P 500 earnings from a year ago, which...
| By: Caroline Valetkevitch
Even before Fed moves, euro-dollar rate play may be close to over LONDON, July 2- In all the huff and puff over Greece in the past month, a number of major banks and investors have decided the main driving force behind the dollar's 18- month surge against the euro is evaporating. But with some money market interest rates implying a full percentage point increase in official U.S. rates by the start of 2017 and the European Central...
| By: Patrick Graham