Business Topics

| Sep 26, 2016

Stocks tumble as yen strengthens

Stocks lost further ground Monday, pushed down by selling energized by the yen’s firming against the dollar. The 225-issue Nikkei average lost 209.46 points, or 1.25 percent, to end at 16,544.56 on the Tokyo Stock Exchange. On Friday, the key market gauge gave up ...

| Sep 23, 2016

Tokyo stocks turn lower on profit-taking

Stocks turned lower on the Tokyo Stock Exchange Friday, pressured by profit-taking and position-adjustment selling after the end of key monetary policy-setting meetings in Japan and abroad. The 225-issue Nikkei average lost 53.60 points, or 0.32 percent, to end at 16,754.02. On Wednesday, the ...

Sep 23, 2016

Fresh warning against excessive yen rises issued

Authorities are ready to act against excessive yen rises, the government’s top spokesman said Friday, issuing a fresh warning to markets against recent yen gains that could hurt the country’s export-reliant economy. The dollar fell to a nearly four-week low of ¥100.10 Thursday after ...