Business Topics

| Sep 11, 2014

Dollar briefly tops ¥107 line in Tokyo

The dollar climbed above ¥107 in Tokyo for the first time in about six years Thursday, driven by speculative purchases that emerged after Prime Minister Shinzo Abe had talks with Bank of Japan Gov. Haruhiko Kuroda. The dollar trimmed gains to stand at ¥106.85-86 ...

| Sep 11, 2014

Nikkei hits eight-month closing high

The Nikkei 225 average extended its winning streak to a fourth session to finish Thursday at its highest level in some eight months, boosted by purchases on the back of the yen’s further decline against the dollar. The key market gauge ended 120.42 points ...

| Sep 9, 2014

Dollar shoots past ¥106 level in Tokyo

The dollar climbed above ¥106 for the first time in nearly six years in Tokyo trading Tuesday, reflecting speculation about an earlier than expected interest rate hike in the United States on the back of the country’s economic recovery. At 5 p.m., the dollar ...

Sep 8, 2014

Japanese investors buy most British, Aussie debt since 2011

Japanese investors bought the most British and Australian long-term sovereign bonds since 2011 in July, while dumping German Bunds in the first seven months of the year amid unprecedented European Central Bank stimulus. Fund managers in the Asian nation net purchased ¥375 billion of ...