Business Topics

| Apr 14, 2016

Dollar climbs above ¥109

The dollar climbed above ¥109 in Tokyo trading on Thursday, as a rally on the stock market allayed investors’ risk-averse sentiment, but the currency’s topside was capped by moves to lock in profits. At 5 p.m., the dollar stood at ¥109.30-31, up from ¥108.92-92 ...

Apr 14, 2016

Japan's biggest bank criticizes BOJ policy for fueling anxiety

The top executive of Japan’s biggest bank delivered a rare criticism of the central bank on Thursday, saying its negative-interest-rate policy has contributed to anxiety among households and companies and prolonging it may weaken financial institutions. “Both households and businesses have become skeptical about ...

| Apr 12, 2016

Tokyo stocks bounce on weaker yen

Stocks rebounded sharply on the Tokyo Stock Exchange on Tuesday, as the yen’s weakening against the dollar induced brisk buybacks. The Nikkei average climbed 177.66 points, or 1.13 percent, to end at 15,928.79. On Monday, it lost 70.39 points. The Topix index grew 19.56 ...