Business Topics

| Jul 23, 2014

Dollar drops to below ¥101.40

The dollar was slightly easier below ¥101.40 in Tokyo trading late Wednesday, with no dollar-buying factors in sight. At 5 p.m., the dollar was quoted at ¥101.37-38, down from ¥101.49-50 at the same time Tuesday. The euro stood at $1.3457-3459, down from $1.3501-3507, and ...

| Jul 23, 2014

Nikkei inches lower in thin trading

Stocks retreated slightly Wednesday, with investors sidelined ahead of the upcoming earnings reporting season. The Nikkei 225 average ended down 14.72 points at 15,328.56. The Topix fell 0.88 point to close at 1,272.39. Buying outpaced selling at the outset on the heels of an ...

| Jul 22, 2014

Greenback firmer around ¥101.50

The dollar was slightly firmer around ¥101.50 in post-holiday Tokyo trading Tuesday, supported by a rise in Japanese stock prices. At 5 p.m., the dollar was quoted at ¥101.49-50, up from ¥101.40-41 at the same time Friday. The Tokyo market was closed Monday for ...

TSE cuts tick sizes for 80 stocks

Jul 22, 2014

TSE cuts tick sizes for 80 stocks

The Tokyo Stock Exchange on Tuesday began allowing smaller price increments on shares of about 80 of Japan’s biggest companies as the bourse seeks to win back business from private trading venues. Topix 100 members whose shares cost between ¥1,000 and ¥5,000 now trade ...

| Jul 22, 2014

Stocks snap three-day losing streak

Buoyed by a weaker yen and buybacks after their recent falls, stocks snapped their three-day losing streak Tuesday. The Nikkei closed up 127.57 points at 15,343.28. On Friday, the key market gauge sagged 154.55 points. The TSE closed Monday for Sea Day. The Topix ...

| Jul 18, 2014

Greenback drops below ¥101.50

The dollar was weaker below ¥101.50 in Tokyo trading on Friday as risk-averse sentiment strengthened after a Malaysian Airlines jetliner was blown out of the sky in eastern Ukraine, killing nearly 300 people, and Israel began a ground invasion. At 5 p.m., the dollar ...

| Jul 17, 2014

Dollar edges lower to ¥101.49

The dollar dipped to around ¥101.50 in Tokyo on Thursday, weighed down by sagging U.S. long-term interest rates. At 5 p.m., the dollar stood at ¥101.49-50, down from ¥101.69-69 on Wednesday. The euro was at $1.3533-3534, down from $1.3552-3556, and at ¥137.36-37, down from ...

| Jul 16, 2014

Dollar firms on Yellen comments

The dollar was firmer around ¥101.70 in Tokyo trading on Wednesday, underpinned by U.S. Federal Reserve Chairwoman Janet Yellen’s congressional testimony that suggested the possibility of an earlier than planned interest rate hike. At 5 p.m., the dollar stood at ¥101.69-69, up from ¥101.56-56 ...