JAL might get help

The Japanese government might include a 700bn yen aid to the national flag carrier Japan Airlines in its second extra budget for the fiscal year.  The budget might be released tomorrow.  This sent the shares of JAL soaring 7 percent, but some also are seeing the possibility of high swings as traders try to take advantage from huge moves such as today to take profits.

Follow the story on Bloomberg.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s