Business Topics

| Jun 18, 2015

Dollar declines to below ¥122.90

The dollar fell below ¥123 in Tokyo on Thursday as stocks slumped and dovish indications from the U.S. Federal Reserve disappointed dollar bulls. At 5 p.m., the dollar was at ¥122.84-86, down from ¥123.64-66 at the same time Wednesday. The euro was at $1.1379-1380, ...

Jun 18, 2015

BTMU to issue first yuan bond in Japan

The Bank of Tokyo-Mitsubishi UFJ Ltd. next week will issue Japan’s first bond denominated in China’s currency, company sources said Thursday, reflecting the recent thaw in bilateral relations. Targeting qualified corporate investors, the main lending unit of Japan’s biggest banking group is set to ...

| Jun 17, 2015

Nikkei down ahead of key meetings

Stocks lost further ground Wednesday amid a growing wait-and-see mood ahead of closely watched events. The Nikkei 225 average retreated 38.67 points, or 0.19 percent, to finish at 20,219.27. On Tuesday, the key market gauge lost 129.85 points. The Topix closed down 6.16 points, ...

| Jun 16, 2015

Nikkei retreats on Greek debt worries

Stocks retreated on the Tokyo Stock Exchange on Tuesday, pressured by concerns over Greece’s debt problems. The Nikkei 225 average lost 129.85 points, or 0.64 percent, to end at 20,257.94. On Monday, the key market gauge shed 19.29 points. The Topix finished down 12.06 ...