Business Topics

| May 25, 2016

Dollar firmer above ¥110 in Tokyo

The dollar gained ground to rise above ¥110 in Tokyo trading on Wednesday, chiefly aided by higher stock prices in Japan and abroad. At 5 p.m., the dollar stood at ¥110.03-03, up from ¥109.53-53 at the same time Tuesday. The euro was at $1.1145-1146, ...

| May 23, 2016

Tokyo stocks retreat on rise in yen

Stocks turned lower Monday on the Tokyo Stock Exchange, pressured by a resurgent uptick in the yen against the dollar. The 225-issue Nikkei average lost 81.75 points, or 0.49 percent, to end at 16,654.60. On Friday, the key market gauge climbed 89.69 points. The ...

| May 20, 2016

Dollar firmer above ¥110 in Tokyo

The dollar held firmer above ¥110 in Tokyo trading on Friday, as risk aversion among currency players subsided following gains in Japanese stock prices. At 5 p.m., the dollar stood at ¥110.27-28, up from ¥110.07-07 at the same time Thursday. The euro was at ...

| May 20, 2016

Tokyo stocks rise on weaker yen

Stocks gained ground on the Tokyo Stock Exchange Friday, backed by the yen’s weakening against the dollar. The 225-issue Nikkei average rose 89.69 points, or 0.54 percent, to finish at 16,736.35. On Thursday, the key market gauge edged up 1.97 points. The Topix index ...

| May 19, 2016

Dollar tops ¥110 in Tokyo on Fed hopes

The dollar climbed above ¥110 in Tokyo trading on Thursday, attracting buying after minutes of the U.S. Federal Reserve’s policy-setting meeting in April suggested that the Fed could hike interest rates. At 5 p.m., the dollar stood at ¥110.07-07, up from ¥109.43-43 at the ...

| May 18, 2016

Nikkei falls back on weaker U.S. stocks

The benchmark Nikkei average turned lower on the Tokyo Stock Exchange Wednesday, as purchases triggered by stronger-than-expected economic growth failed to offset downward pressure from an overnight fallback in U.S. equities. The 225-issue Nikkei average lost 8.11 points, or 0.05 percent, to end at ...