Japan's Skymark Airlines surges on AirAsia takeover report


An airliner of Japan's Skymark Airlines takes off from Tokyo's Haneda airport on August 19, 2014

Tokyo (AFP) - Skymark Airlines shares soared Tuesday after a report said Malaysia's AirAsia was eyeing the struggling Japanese carrier, but both firms dismissed the story, with AirAsia's chief executive saying he had "never seen such rubbish".

The Tokyo-listed stock jumped 27.77 percent to finish at 230 yen, its maximum allowable single-day gain, on the report in Japan's leading Nikkei business daily.

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