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Financial Times (August 4)

2014/ 08/ 05 by jd in Global News

In what’s regarded as “a notorious feature of the world’s second-biggest equity market,” the Nikkei newspaper somehow very accurately “previews” earnings results days or weeks before they are officially reported. Authorities in other jurisdictions might worry “about disclosure violations, or a lack of equal access to price-sensitive information…. In Japan, regulators seem to have turned a blind eye to the ‘Nikkei previews.’” As these are only available in Japanese, they may place “non-Japanese readers at a disadvantage,” along with those who don’t read the newspaper and rely instead on the company’s official public results announcements.

 

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