Business Topics

| Dec 4, 2014

Rising dollar closes in on ¥120 in Tokyo

The dollar gained again in Tokyo trading Thursday, approaching ¥120 thanks to favorable U.S. economic indicators and a rise in domestic equities. At 5 p.m., the dollar stood at ¥119.87-89, up from ¥119.21-23 at the same time Wednesday, after earlier topping ¥119.90. The euro ...

| Dec 4, 2014

Nikkei again hits seven-year high

Stocks extended their winning streak to a fifth session Thursday, backed by an overnight rise on Wall Street and the continued depreciation by the yen. The Nikkei 225 average hit a seven-year closing high for the fourth consecutive day, climbing 166.78 points, or 0.94 ...

Dec 4, 2014

Dow hits record as energy rises for third straight day

U.S. stocks rose modestly on Wednesday as energy-related shares rose for a third straight session and data pointed to improving conditions in the U.S. services sector, which makes up a majority of the economy. Market moves were slight, with many traders looking ahead to ...

| Dec 3, 2014

Dollar briefly climbs past ¥119.40 in Tokyo

The dollar rose to fresh seven-year highs around ¥119.40 before being hit by position-adjustment selling in Tokyo trading Wednesday. At 5 p.m., the dollar stood at ¥119.21-23, up from ¥118.80-82 at the same time Tuesday. The euro was at $1.2373-2375, down from $1.2452-2455, and ...

| Dec 2, 2014

Dollar rises to around ¥118.80 in Tokyo

The dollar advanced to top ¥118.80 in late Tokyo trading Tuesday after recovering from a slump caused by profit-taking thanks chiefly to buying encouraged by an afternoon rally in local equities. At 5 p.m., the dollar stood at ¥118.80-82, up from ¥118.73-74 at the ...