Business Topics

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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 that pro-business policies and ramped-up public ...

| Dec 8, 2016

Nikkei hits new closing high for 2016

The benchmark Nikkei average hit a new closing high for 2016 on the Tokyo Stock Exchange Thursday, driven by the overnight advance of U.S. equities. The 225-issue Nikkei average jumped 268.78 points, or 1.45 percent, to close at the day’s high of 18,765.47, its ...

| Dec 6, 2016

Dollar easier below 114 yen in Tokyo

The dollar was easier below ¥114 in late Tokyo trading on Tuesday amid a dearth of major fresh trading incentives. At 5 p.m., the dollar stood at ¥113.82-83, slightly down from ¥113.91-91 at the same time Monday. The euro was at $1.0760-0760, up from ...

| Dec 6, 2016

Stocks rally on overseas equity gains

Stocks rebounded on the Tokyo Stock Exchange Tuesday, supported by overnight rises in European and U.S. equities. The 225-issue Nikkei average gained 85.55 points, or 0.47 percent, to close at 18,360.54. On Monday, the key market gauge shed 151.09 points. The TOPIX index of ...

| Dec 5, 2016

Nikkei slips on Italian no vote

Stocks lost further ground Monday, weighed down by the yen’s rise after Italy’s vote to reject constitutional reform in a national referendum. The 225-issue Nikkei average shed 151.09 points, or 0.82 percent, to end at 18,274.99 on the Tokyo Stock Exchange. On Friday, the ...