Business Topics

China calls shots in currency war

Feb 20, 2015

China calls shots in currency war

As fears of a global currency war grow, all eyes in Asia are on whether China will devalue its currency to avert a sharper economic slowdown. The urgency with which Asian central banks are cutting interest rates is an indication of not just the ...

| Feb 17, 2015

Nikkei falls back on profit-taking

Stock prices retreated Tuesday, pressured by profit-taking a day after the Nikkei 225 average ascended to its highest closing level in seven years and seven months. The Nikkei lost 17.68 points, or 0.10 percent, to end at 17,987.09. On Monday, the key market gauge ...

| Feb 16, 2015

Nikkei closes above 18,000 mark

The benchmark Nikkei 225 average bounced back and closed above 18,000 for the first time in nearly seven years and seven months on Monday, helped by buying on dips following higher U.S. and European stocks. The Nikkei climbed 91.41 points, or 0.51 percent, to ...