Business Topics

Nikkei dives as U.S. slows, BOJ holds on stimulus

Stocks in Tokyo posted steep losses Thursday as the Bank of Japan decided not to step up monetary easing, darkening investor sentiment already alarmed by weak U.S. gross domestic product data. The 225-issue Nikkei Stock Average lost 538.94 points, or 2.69 percent, from Tuesday to close at 19,520.01, its biggest ...

| Apr 28, 2015

Dollar drifts to around ¥119

The dollar hovered around ¥119 in Tokyo trading Tuesday as investors retreated to the sidelines ahead of monetary policy meetings in the United States and Japan. At 5 p.m., the dollar was at ¥119.03-03, down from ¥119.19-21 at the same time Monday. The euro ...