Business Topics

| Jul 11, 2014

Greenback drops below ¥101.50

The dollar lost further ground to slip below ¥101.50 in trading on Friday as the yen attracted safe-haven demand due to concerns over a major bank in Portugal, but its downside was limited before the weekend. At 5 p.m., the dollar stood at ¥101.36-36, ...

| Jul 10, 2014

Dollar drops slightly to ¥101.51

The dollar moved narrowly around ¥101.50 in Tokyo trading Thursday, pressured by an overnight drop in U.S. long-term interest rates and a fall in Tokyo stock prices. At 5 p.m., the dollar stood at ¥101.51-52, down from ¥101.65-66 at the same time Wednesday. The ...

| Jul 10, 2014

Nikkei falls on dismal machinery orders

Stocks lost ground Thursday with investor sentiment hurt by Japan’s disappointing machinery orders in May. The Nikkei 225 average lost 86.18 points to close at 15,216.47. The Topix ended 11.57 points lower at 1,259.25. Both indexes extended their losing streaks to a fourth session. ...

| Jul 9, 2014

Dollar declines to ¥101.65 level

The dollar was moderately weaker below ¥102 in Tokyo trading Wednesday, with a wait-and-see mood growing before the release later in the day of the minutes of last month’s U.S. Federal Reserve policy-setting meeting. At 5 p.m., the greenback was at ¥101.65-66, down from ...

| Jul 9, 2014

Nikkei falls on Dow drop, yen rise

Stocks dropped for the third straight session Wednesday amid selling spurred by lower U.S. equities and a rise in the yen. The Nikkei 225 average closed down 11.76 points at 15,302.65, the day’s high. The Topix fell 4.88 points to end at 1,270.82. The ...

| Jul 8, 2014

Dollar declines to below ¥102

The dollar fell below ¥102 in Tokyo trading Tuesday, reflecting stock price drops and an overnight fall in U.S. long-term interest rates. At 5 p.m., the dollar stood at ¥101.80-81, down from ¥102.04-05 at the same time Monday. The euro was at $1.3591-3591, against ...

| Jul 8, 2014

Nikkei drops on overheating worry

Stocks lost ground for the second straight session Tuesday on selling amid a persistent sense of market overheating. The Nikkei 225 average closed down 65.03 points at 15,314.41. On Monday, the key market gauge sagged 57.69 points. The Topix lost 4.17 points to end ...

| Jul 7, 2014

Greenback moves above ¥102

The dollar moved in a narrow range above ¥102 on Monday, lacking a clear direction in the absence of fresh trading incentives. At 5 p.m., the dollar was at ¥102.04-05, up slightly from ¥102.00-01 at the same time Friday. The euro was at $1.3585-3585, ...