Business Topics

Amid currency gyrations, Russia floats ruble

After a head-spinning drop in the Russian ruble this year that has raised echoes of the brutal market crises of the 1990s, the national central bank on Monday decided to freely float the currency and shield it more from speculators. The move, which aims to spare the central bank from ...

| Nov 25, 2014

Nikkei rises amid upbeat mood

Stocks advanced Tuesday, helped by persistent hopes for further rises, but their gains were limited due to profit-taking. The Nikkei 225 average climbed 50.11 points to end at 17,407.62. On Friday, the key market gauge advanced 56.65 points. The Topix added 8.97 points, finishing ...

| Nov 20, 2014

Nikkei edges higher on weaker yen

Stocks inched higher Thursday, backed by a further weakening of the yen, but their upside was capped by profit-taking. The Nikkei 225 average rose 12.11 points to end at 17,300.86. On Wednesday, the key market gauge fell 55.31 points. The Topix added 1.10 points ...

| Nov 19, 2014

Nikkei suffers dip on profit-taking

The Nikkei 225 average fell back moderately Wednesday, pressured by profit-taking amid a lack of new buying incentives. The key index shed 55.31 points to close at 17,288.75. On Tuesday, it jumped 370.26 points. On the other hand, the Topix gained 1.66 points to ...