Business Topics

| Aug 20, 2014

Greenback tops ¥103 in Tokyo

The dollar rose above ¥103 in Tokyo trading Wednesday, thanks to purchases on a stronger-than-expected U.S. economic indicator, as well as speculative buying. At 5 p.m., the dollar stood at ¥103.29-29, up from ¥102.59-60 at the same time Tuesday. The euro was at $1.3293-3293, ...

Aug 20, 2014

Japan securities industry trying to attract youth for NISA

The securities industry is stepping up financial education for young people to promote the NISA small-lot, tax-free investment program introduced in January. The moves are intended to attract newbie investors and future customers. The Japan Securities Dealers Association plans to utilize Saturday classes at ...

| Aug 18, 2014

Greenback weak below ¥102.50

The dollar moved on a weak note below ¥102.50 in Tokyo trading on Monday due chiefly to geopolitical risks over the Ukrainian situation. At 5 p.m., the dollar stood at ¥102.46-47, down slightly from ¥102.52-52 at the same time Friday. The euro was at ...

| Aug 18, 2014

Nikkei climbs for sixth day straight

Tokyo stocks managed to secure gains that stretched its winning streak to a sixth day Monday, although the market lacked a clear direction amid a dearth of fresh incentives. The 225-issue Nikkei stock index added 4.26 points, or 0.03 percent, to close at 15,322.60. ...

| Aug 15, 2014

Nikkei extends winning streak

Stocks extended their winning streak to a fifth session on in Tokyo on Friday, backed by solid Wall Street performance, but their gains were limited as profit-taking and selling on a rally ballooned. The Nikkei 225 average ended up 3.77 points, or 0.02 percent, ...

| Aug 15, 2014

Greenback stable around ¥102.50

The dollar held steady around ¥102.50 throughout Friday in Tokyo trading, repeating only mild fluctuations amid Japan’s holiday season. At 5 p.m., the dollar was quoted at ¥102.52-52, up from ¥102.47-47 at the same time on Thursday. The euro stood at $1.3376-3377, up from ...