Business Topics

| May 11, 2016

Dollar eases after stocks lose steam

The dollar weakened to near ¥108.50 in Tokyo trading Wednesday after Japanese stocks lost momentum following their earlier strength. The dollar fell back to ¥108.60-61 by 5 p.m. after climbing to around ¥109.30 temporarily in the early morning. At 5 p.m. on Tuesday, the ...

| May 11, 2016

Nikkei advances for three sessions in row

The benchmark Nikkei average advanced for the third straight session on the Tokyo Stock Exchange Wednesday, thanks to buying backed by higher U.S. shares, but its upside was pressured by profit-taking. The 225-issue Nikkei average climbed 13.82 points, or 0.08 percent, to end at ...

| May 10, 2016

Dollar retakes ¥108.50 on surging stocks

The dollar topped ¥108.50 in Tokyo trading on Tuesday, buoyed by surging stocks. At 5 p.m., it stood at ¥108.88-89, up from ¥107.63-65 at the same time Monday. The euro was at $1.1390-1391, down from $1.1392-1396, and at ¥124.02-03, up from ¥122.63-64. The greenback ...

| May 10, 2016

Nikkei gains 2.15% on easier yen

Stocks gained further ground on the Tokyo Stock Exchange on Tuesday as the dollar’s appreciation against the yen prompted continued buybacks. The Nikkei average jumped 349.16 points, or 2.15 percent, to end at 16,565.19. On Monday, it climbed 109.31 points. The Topix index rose ...

| May 6, 2016

Dollar moves around ¥107 in Tokyo

The dollar traded around ¥107 in Tokyo trading on Friday amid a wait-and-see mood before the release later in the day of key U.S. economic data. At 5 p.m., the dollar stood at ¥106.94-94, up from ¥106.40-44 at the same time Monday. The euro ...