Business Topics

| Jun 10, 2015

Tokyo stocks drop further on stronger yen

Stocks dropped further on the Tokyo Stock Exchange Wednesday, hit by futures-led selling on the yen’s strength against the dollar. The 225-issue Nikkei average lost 49.94 points, or 0.25 percent, to end at 20,046.36. On Tuesday, the key market gauge plunged 360.89 points. The ...

| Jun 10, 2015

Kuroda remark drives dollar to ¥123

The dollar slumped below ¥123 in Tokyo trading Wednesday, dragged down by Bank of Japan Gov. Haruhiko Kuroda’s remark taken as a warning against the yen’s excessive drop. After slipping below ¥122.50 briefly, the dollar stood at ¥122.68-70 at 5 p.m., down from ¥124.53-54 ...