Business Topics

| Jun 20, 2016

Tokyo stocks rise on yen's fallback

Stocks advanced sharply on the Tokyo Stock Exchange on Monday thanks to a pause in the yen’s appreciation on the back of receding worries about Britain’s possible exit from the European Union, or “Brexit.” The 225-issue Nikkei average gained 365.64 points, or 2.34 percent, ...

| Jun 17, 2016

Tokyo stocks rally on buybacks

Stocks staged a rally on the Tokyo Stock Exchange Friday, backed by buybacks and buying on dips following the previous day’s plunge. The 225-issue Nikkei average rose 165.52 points, or 1.07 percent, to end at 15,599.66. On Thursday, the key market gauge tumbled 485.44 ...

| Jun 16, 2016

Yen soars to 22-month high on BOJ inaction

The dollar plunged below ¥104 in Tokyo trading on Thursday amid massive selling prompted by the Bank of Japan’s policy inaction and receding expectations for an early interest rate increase by the U.S. Federal Reserve. At 5 p.m., the dollar stood at ¥103.93-93, slipping ...