Business Topics

| Jun 15, 2016

Tokyo stocks rebound on buybacks

Stocks turned higher on the Tokyo Stock Exchange Wednesday, buoyed by buybacks after their recent fall. The 225-issue Nikkei average gained 60.58 points, or 0.38 percent, to close at 15,919.58. On Tuesday, the key market gauge lost 160.18 points. The Topix index of all ...

| Jun 14, 2016

Dollar weakens to around ¥105.80 in Tokyo

The dollar extended losses and fluctuated around ¥105.80 in Tokyo trading Tuesday, weighed down by the weak pound sterling. At 5 p.m., the greenback stood at ¥105.85-85, down from ¥106.10-10 at the same time Monday. The euro was at $1.1251-1251, down from $1.1269-1270, and ...

| Jun 13, 2016

Dollar around ¥106 in late Tokyo trading

The dollar lost ground to trade around ¥106 in Tokyo trading late Monday, as the yen attracted safe-haven demand amid growing worries over Britain’s possible exit from the European Union. At 5 p.m., the dollar stood at ¥106.10-10, down from ¥106.85-86 at the same ...

| Jun 13, 2016

Tokyo stocks tumble on yen's ascent

Stocks tumbled on the Tokyo Stock Exchange Monday, dragged down by the yen’s surge stemming from increasing concerns over Britain’s possible exit from the European Union. The 225-issue Nikkei average slipped 582.18 points, or 3.51 percent, to finish at the day’s low of 16,019.18, ...

Jun 11, 2016

Japan mulling cut in minimum interest on 'zaito' fiscal loans

The Finance Ministry is considering cutting the minimum interest rate on its lending for infrastructure and other major projects under the zaito fiscal investment and loan program, according to officials. The move comes amid falling interest rates following the Bank of Japan’s introduction of ...