Business Topics

| Aug 15, 2014

Nikkei extends winning streak

Stocks extended their winning streak to a fifth session on in Tokyo on Friday, backed by solid Wall Street performance, but their gains were limited as profit-taking and selling on a rally ballooned. The Nikkei 225 average ended up 3.77 points, or 0.02 percent, ...

| Aug 15, 2014

Greenback stable around ¥102.50

The dollar held steady around ¥102.50 throughout Friday in Tokyo trading, repeating only mild fluctuations amid Japan’s holiday season. At 5 p.m., the dollar was quoted at ¥102.52-52, up from ¥102.47-47 at the same time on Thursday. The euro stood at $1.3376-3377, up from ...

| Aug 14, 2014

Dollar can't hold on to gains in Tokyo

The dollar slashed its gains against the yen in Tokyo late Thursday after rising above ¥102.50 on real demand-backed dollar purchases and higher Japanese stock prices. At 5 p.m., the dollar was quoted at ¥102.47-47, almost the same as ¥102.45-46 at the same time ...

| Aug 14, 2014

Nikkei climbs past 15,300 mark

Stocks climbed Thursday, with the Nikkei 225 average closing above 15,300 thanks to the yen’s depreciation, but their topside was heavy in quiet trading. The Nikkei ended 100.94 points higher at 15,314.57. The Topix rose 8.37 points to close at 1,270.50. Both were up ...

| Aug 13, 2014

Greenback rises to near ¥102.50

The dollar inched up to levels just below ¥102.50 in Tokyo late Wednesday after being stuck around ¥102.30 for most of the day. At 5 p.m., the dollar was quoted at ¥102.45-46, up from ¥102.27-28 at the same time on Tuesday. The euro stood ...

| Aug 12, 2014

Greenback firmer around ¥102.30

The dollar was firmer around ¥102.30 in Tokyo on Tuesday, supported by higher stock prices and purchases by Japanese importers. At 5 p.m., the U.S. currency was quoted at ¥102.27-28, up from ¥102.09-10 at the same time on Monday. The euro stood at $1.3367-3367, ...

| Aug 11, 2014

Dollar rises above ¥102 in Tokyo

The dollar rose above ¥102 in Tokyo, drawing strength from higher stock prices in and outside Japan that reflected an easing of risk aversion. At 5 p.m., the dollar was quoted at ¥102.09-10, up from ¥101.69-70 at the same time Friday. The euro stood ...

Aug 11, 2014

Japanese stocks rebound sharply on buybacks

Stocks bounced back sharply Monday, with the Nikkei 225 average retaking 15,100 at the close on the back of massive buybacks after a tumble Friday. The Nikkei ended up 352.15 points, or 2.38 percent, at 15,130.52. The Topix climbed 24.25 points, or 1.97 percent, ...