Business Topics

| Jan 26, 2015

Nikkei falls back on yen's ascent

Stocks turned moderately lower on the Tokyo Stock Exchange on Monday, weighed down by the yen’s ascent against currencies including the euro after the anti-austerity Syriza party won a general election in Greece. The Nikkei 225 average shed 43.23 points, or 0.25 percent, to ...

| Jan 26, 2015

Dollar climbs slightly to ¥118.17

The dollar erased early losses and rose above ¥118 in Tokyo trading late Monday, after the euro attracted buybacks in late trading, apparently from European players. At 5 p.m., the dollar stood at ¥118.17-18, down slightly from ¥118.20-21 at the same time on Friday. ...

| Jan 23, 2015

Nikkei rises more 1% on ECB monetary easing

Stocks gained ground on Friday, boosted by purchases after the European Central Bank’s decision to introduce quantitative monetary easing. The Nikkei 225 average advanced 182.73 points, or 1.05 percent, to end at 17,511.75, adding to the 48.54 points gained Thursday. The Topix closed 13.79 ...

| Jan 21, 2015

Nikkei turns lower on profit-taking

Stocks retreated on the Tokyo Stock Exchange on Wednesday, dampened by profit-taking after the recent surge. The Nikkei 225 average lost 85.82 points, or 0.49 percent, to end at 17,280.48. On Tuesday, the key market gauge surged 352.01 points. The Topix index closed down ...

| Jan 20, 2015

Dollar moves back above ¥118 in Tokyo

The dollar retook ¥118 in Tokyo trading Tuesday, boosted by higher equity prices reflecting a brighter outlook for the global economy. At 5 p.m., the dollar was quoted at ¥118.24-25, up from ¥117.16-18 at the same time Monday. The euro stood at $1.1590-1590, up ...