Business Topics

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Analysts say Trump stocks rally could persist

Donald Trump’s shock White House win sparked a surprising rally on Wall Street last week that some believe could be a prelude to further gains. The response, which sent the Dow Jones Industrial record to all time highs on Thursday and Friday, reflected expectations that pro-business policies and ramped-up public ...

| Nov 30, 2016

Dollar higher above ¥112.70 in Tokyo

The dollar extended gains and rose above ¥112.70 in Tokyo trading on Wednesday, underpinned by month-end demand from exporters and buying from institutional investors. At 5 p.m., the dollar stood at ¥112.72-72, up from ¥112.31-31 at the same time Tuesday. The euro was at ...

| Nov 29, 2016

Dollar closes at ¥112.31 in Tokyo

The dollar was higher around ¥112.30 in Tokyo trading late Tuesday, lifted by buying from European investors. At 5 p.m., the dollar stood at ¥112.31-31, up from ¥119.96-97 at the same time Monday. The euro was at $1.0603-0604, down from $1.0654-0654, and at ¥119.09-10, ...

| Nov 28, 2016

Dollar falls below ¥112 in Tokyo

The dollar dropped below ¥112 in Tokyo trading for the first time in about a week on Monday, weighed down by position-adjustment selling following its sharp gain since the U.S. presidential election early this month. At 5 p.m., the dollar stood at ¥111.96-97, down ...