Business Topics

Apr 15, 2014

Tokyo stocks rebound on higher U.S. equities

Stocks rebounded Tuesday from their recent rout, buoyed by higher U.S. equities and the yen’s weakening, but their topside was capped by a lack of fresh buying incentives. The 225-issue Nikkei average ended up 86.65 points, or 0.62 percent, at 13,996.81, after two days ...

Apr 15, 2014

Dollar top-heavy above ¥101.50

The dollar was firmer above ¥101.50 in Tokyo trading Tuesday, but failed to chase higher ground, pressured chiefly by profit-taking. At 5 p.m., the dollar stood at ¥101.79-80, up from ¥101.59-61 at the same time Monday. The euro was at $1.3800-3802, down from $1.3850-3852, ...

Apr 14, 2014

Nikkei loses further ground due to sluggish heavyweights

The Nikkei average lost further ground on the Tokyo Stock Exchange Monday, with buybacks after its tumble last week overshadowed by the weakness of index heavyweights such as Fast Retailing and SoftBank. The 225-issue Nikkei ended down 49.89 points, or 0.36 percent, at 13,910.16. ...

Apr 14, 2014

Dollar moves tightly around ¥101.50

The dollar traded in a narrow range around ¥101.50 in Tokyo trading Monday in a session dominated by a wait-and-see mood in the absence of fresh trading incentives. At 5 p.m., the dollar was at ¥101.59-61, down from ¥101.72-73 the same time Friday. The ...

Apr 14, 2014

Bourses scrap disclosure reforms

Japan Exchange Group Inc. has decided to scrap a plan to adopt tougher disclosure rules, saying the nation’s companies are getting better at communicating with investors on their own. The exchange will seek clearer comments on an individual basis and keep track of companies’ ...

Apr 10, 2014

Greenback stays below ¥102 line

The dollar stayed weak below ¥102 in Tokyo trading Thursday, weighed down by sluggish stock prices in Japan. At 5 p.m., the greenback was quoted at ¥101.72-74, down from ¥101.98-98 at the same time Wednesday. The euro stood at $1.3858-3859, up from $1.3803-3803, and ...

Apr 10, 2014

Futures-led selling sees Nikkei shed early gains

Stocks closed almost unchanged on the Tokyo Stock Exchange on Thursday, with early gains after four days of losses wiped out by futures-led selling in the afternoon. The Nikkei 225 ended up 0.43 point at 14,300.12. The Topix inched down 0.95 point to close ...

Apr 9, 2014

Dollar easier below ¥102 line

The dollar stayed mostly below ¥102 in Tokyo trading Wednesday after diving to a three-week low around ¥101.50 in New York overnight on receding hopes for fresh monetary easing measures by the Bank of Japan. At 5 p.m., the dollar was quoted at ¥101.98-98, ...

Apr 9, 2014

Nikkei hits three-week low on yen's surge

The Nikkei average tumbled to the lowest closing level in almost three weeks Wednesday, with the higher yen driving down export-oriented issues. The 225-issue Nikkei average ended down 307.19 points, or 2.10 percent, at 14,299.69, marking the lowest finish since March 20 and extending ...

Apr 8, 2014

Dollar under ¥103 as Nikkei falls

The dollar fell below ¥103 in Tokyo Tuesday, after Japanese stock prices dropped amid increasing tensions in Ukraine. At 5 p.m., the dollar was quoted at ¥102.78-80, down from ¥103.11-12 at the same time Monday. The euro stood at $1.3762-3763, up from $1.3717-3718, and ...

Apr 8, 2014

Stocks fall a third session over Ukraine worries

Stocks extended their losing streak to a third session Tuesday as rekindled concerns over geopolitical risks in Ukraine dampened market sentiment. The 225-issue Nikkei average closed down 201.97 points, or 1.36 percent, at 14,606.88. On Monday, the key market gauge plunged 254.92 points. The ...

Apr 7, 2014

Dollar easier near ¥103 in Tokyo

The dollar fell to levels slightly above ¥103 in Tokyo Monday, as stock markets in and outside Japan skidded after the announcement of U.S. jobs data on Friday. At 5 p.m., the dollar was quoted at ¥103.11-12, down from ¥103.¥90-90 at the same time ...