Business Topics

| 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 ...

Sep 20, 2016

Commodities exchange gets trading system upgrade

The Tokyo Commodity Exchange on Tuesday put into operation a new trading system that includes extended hours to permit trading at times when economic data is announced. It will also facilitate higher-speed transactions. It is the first such upgrade for the exchange since May ...