Economy
Fed to start tapering bond purchases this year: Bernanke
The Federal Reserve maintains its $85 billion-a-month asset purchase program, but says it could begin scaling back later this year.
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The outstanding balance of Japanese government bonds held by the Bank of Japan hit an all-time high of ¥127.88 trillion at the end of March, up 43.8 percent from the ...
The Federal Reserve’s new communication strategy was supposed to make it easier to decipher the intentions of the famously secretive institution. Markets, however, seem to have missed the memo. Investors ...
The dollar traded around ¥95 in Tokyo trading late Tuesday as traders were awaiting a policy-setting meeting of the U.S. Federal Reserve to begin later in the day for a ...
The Nikkei 225 average fell Tuesday in directionless trading, caught in a tug of war between buying of undervalued issues ...
The dollar was top heavy around ¥95 in Tokyo trading late Monday, capped by selling from Japanese exporters, while traders ...
Stocks scored handsome gains Monday, buoyed by buying on dips and buybacks on a wide range of issues after sell-offs last week, with the Nikkei average closing above 13,000 for the first time in three sessions. The Nikkei 225 closed 346.60 points, or 2.73 ...
The Nikkei stock average plunges more than 6 percent to its lowest level in over two months.
The dollar temporarily plunged below ¥94 in Tokyo trading Thursday, reflecting risk-aversion moves following a massive drop in Tokyo stock prices. Rebounding from intraday lows below ¥94, the dollar stood at ¥94.20-24 at 5 p.m., still down sharply from ¥96.80-81 at the same time ...
The Nikkei average nose-dived again Thursday after Wall Street’s slump overnight and the yen’s rise, shedding all its gains since the Bank of Japan launched powerful monetary easing in early April. The Nikkei 225 ended down 843.94 points, or 6.35 percent, at 12,445.38, the ...
The Nikkei 225 stock average nose-dived over 800 points Thursday morning to slip below 12,500 for the first time in more than two months on the Tokyo Stock Exchange, as the yen rose to its strongest level against the dollar in two months. The ...
Federal regulators Tuesday fined the Chicago Board Options Exchange $6 million, saying its staff interfered with its three-year investigation of short selling at a member firm in an unprecedented breakdown of trading supervision. The settlement, which calls for immediate remedial actions, is the first ...
The dollar fell below ¥97 in Tokyo trading Wednesday following its plunge abroad, but cut early losses thanks to the resilience of Tokyo stocks. At 5 p.m., the dollar stood at ¥96.80-81, down from ¥98.17-17 at the same time Tuesday. The euro was at ...
Stocks closed slightly lower Wednesday after cutting early losses with the aid of buying on dips and buybacks thanks to a halt in the yen’s rise. The 225-issue Nikkei average closed down 28.30 points, or 0.21 percent, at 13,289.32. On Tuesday, the key market ...
Renewed concerns that central banks will ease off their support for the global economy hit the U.S. stock market Tuesday, wiping out its gain for the month. It looked bad from the start. Indexes began sliding from the opening bell, trailing markets in Asia ...
Bank of Japan Gov. Haruhiko Kuroda’s success in fueling inflation expectations has caused some investors to seek a revival in his predecessor’s policies to temper the worst Japanese government bond losses in nine years. JGBs maturing in more than 10 years have lost 3.8 ...
The dollar slides in Tokyo to the lowest level in about two months, with investors flocking to the safe-haven yen as traders grow nervous ahead of a crucial U.S. payrolls report.
The Nikkei average lost further ground to end at another two-month low Thursday after seesawing amid uncertainties over the course of U.S. monetary policy. The Nikkei 225 closed down 110.85 points, or 0.85 percent, at 12,904.02, dropping below 13,000 for the first time since ...