Business Topics

| May 26, 2015

Dollar at 8-year-high above ¥122.50

The dollar jumped to eight-year-highs above ¥122.50 in Tokyo trading late Tuesday as speculative purchases by some traders prompted others to cover dollar-short positions to limit losses. At 5 p.m., the dollar stood at ¥122.52-53, up from ¥121.63-63 at the same time Monday. The ...

| May 26, 2015

Nikkei closes at new 15-year-high

The Nikkei rewrote its highest finish in some 15 years for the fifth straight session Tuesday, led by buying stemming from strong hopes for economic recovery and brisk corporate earnings in Japan. The Nikkei average inched up 23.71 points, or 0.12 percent, to end ...

| May 25, 2015

Nikkei ends higher for fourth session

The benchmark Nikkei average rewrote its 15-year closing high for the fourth straight session on the Tokyo Stock Exchange on Monday, boosted by purchases of export-oriented issues on the back of the yen’s weakening against the dollar. The 225-issue Nikkei average climbed 149.36 points, ...

| May 25, 2015

Fed remarks push dollar above ¥121.50

The dollar advanced above ¥121.50 in Tokyo trading Monday, underpinned by strong U.S. inflation data and U.S. Federal Reserve Chair Janet Yellen’s remarks suggesting an interest rate hike later this year. At 5 p.m., the dollar stood at ¥121.63-63, up from ¥120.73-74 at the ...

| May 22, 2015

Nikkei continues to rise above 20,200

The Nikkei 225 average overcame early weakness and rewrote the 15-year closing high for the third straight session on the Tokyo Stock Exchange on Friday, backed by hopes for further rises in stocks. The Nikkei climbed 61.54 points, or 0.3 percent, to finish at ...

| May 21, 2015

Nikkei rewrites 15-year high

Resisting stepped-up selling to take profits, the benchmark Nikkei index managed to extend its rally and rewrite a 15-year high for the second straight market day on the Tokyo Stock Exchange on Thursday. The Nikkei 225 stock average gained 6.31 points, or 0.03 percent, ...

| May 20, 2015

Dollar briefly tops ¥121

The dollar rose briefly above ¥121 in Tokyo trading Wednesday, surpassing the threshold for the first time in two months thanks to the solid performance of the Tokyo stock market. At 5 p.m., the dollar was at ¥120.96-97, up from ¥119.98-98 at the same ...