Business Topics

| Nov 16, 2016

Dollar rises to close at ¥109.50

The dollar advanced close to ¥109.50 in Tokyo trading late Wednesday, lifted by growing expectations for an interest rate increase in December by the U.S. Federal Reserve. At 5 p.m., the dollar stood at ¥109.44-45, up from ¥108.12-13 at the same time Tuesday. The ...

| Nov 16, 2016

Nikkei rebounds to new nine-month high

The benchmark Nikkei average rebounded to hit a new nine-month closing high on the Tokyo Stock Exchange Wednesday thanks to an overnight rise in U.S. equities and the yen’s drop. The 225-issue Nikkei average gained 194.06 points, or 1.10 percent, to close at 17,862.21, ...

Analysts say Trump stocks rally could persist

| Nov 13, 2016

Analysts say Trump stocks rally could persist

Donald Trump’s shock White House win sparked a surprising rally on Wall Street last week that some believe could be a prelude to further gains. The response, which sent the Dow Jones Industrial record to all time highs on Thursday and Friday, reflected expectations ...