Business Topics

| Sep 4, 2015

Nikkei tumbles to nearly 7-month low

Stocks fell back sharply on the Tokyo Stock Exchange Friday, dragged down by index futures-led selling amid the yen’s strengthening, with the benchmark Nikkei average closing at the lowest level in nearly seven months. The 225-issue Nikkei average tumbled 390.23 points, or 2.15 percent, ...

Sep 4, 2015

BOJ readies for liquidity squeeze with T-bill yields below zero

The Bank of Japan is becoming increasingly concerned its massive government bond purchases are drying up market liquidity, six months after investors warned that conditions were deteriorating. The BOJ this week expanded its liquidity-providing facility to include treasury bills, whose yields below zero across ...