Business Topics

| Jun 13, 2016

Tokyo stocks tumble on yen's ascent

Stocks tumbled on the Tokyo Stock Exchange Monday, dragged down by the yen’s surge stemming from increasing concerns over Britain’s possible exit from the European Union. The 225-issue Nikkei average slipped 582.18 points, or 3.51 percent, to finish at the day’s low of 16,019.18, ...

Jun 11, 2016

Japan mulling cut in minimum interest on 'zaito' fiscal loans

The Finance Ministry is considering cutting the minimum interest rate on its lending for infrastructure and other major projects under the zaito fiscal investment and loan program, according to officials. The move comes amid falling interest rates following the Bank of Japan’s introduction of ...

| Jun 7, 2016

Dollar touches ¥107.80 as stocks rise

The dollar rose above ¥107.50 in Tokyo trading on Tuesday, attracting buybacks on a rebound in stocks. At 5 p.m., the dollar stood at ¥107.73-74, up from ¥107.18-18 at the same time Monday. The euro was at $1.1365-1365, up from $1.1350-1350, and at ¥122.44-45, ...