Business Topics

| Apr 21, 2016

Dollar firmer around ¥109.70 in Tokyo

The dollar held firm around ¥109.70 in Tokyo late Thursday, though it trimmed gains on selling to lock in profits. At 5 p.m., the dollar stood at ¥109.66-66, up from ¥108.91-91 at the same time Wednesday. The euro was at $1.1292-1292, down from $1.1362-1363, ...

| Apr 20, 2016

Dollar eases below ¥109 in Tokyo

The dollar eased below ¥109 in Tokyo trading on Wednesday, as the yen attracted safe-haven demand following falls in crude oil and Chinese stock prices. At 5 p.m., the dollar stood at ¥108.91-91, down from ¥109.13-14 at the same time Tuesday. The euro was ...

| Apr 19, 2016

Stocks rally on falling yen

Stocks staged a sharp rebound on the Tokyo Stock Exchange on Tuesday, backed by an overnight rally in U.S. equities and the yen’s easing. The Nikkei average surged 598.49 points, or 3.68 percent, to finish at 16,874.44. On Monday, it shed 572.08 points. The ...

Apr 16, 2016

China and Japan help boost foreign holdings of U.S. debt

Foreign holdings of U.S. Treasury securities jumped in February, driven by China and Japan, the two biggest foreign owners of U.S. debt. The Treasury Department says total foreign holdings increased 0.9 percent to $6.24 trillion. China expanded its holdings 1.1 percent to $1.25 trillion, ...