Business Topics

| Aug 20, 2014

Greenback tops ¥103 in Tokyo

The dollar rose above ¥103 in Tokyo trading Wednesday, thanks to purchases on a stronger-than-expected U.S. economic indicator, as well as speculative buying. At 5 p.m., the dollar stood at ¥103.29-29, up from ¥102.59-60 at the same time Tuesday. The euro was at $1.3293-3293, ...

Aug 20, 2014

Japan securities industry trying to attract youth for NISA

The securities industry is stepping up financial education for young people to promote the NISA small-lot, tax-free investment program introduced in January. The moves are intended to attract newbie investors and future customers. The Japan Securities Dealers Association plans to utilize Saturday classes at ...

| Aug 18, 2014

Greenback weak below ¥102.50

The dollar moved on a weak note below ¥102.50 in Tokyo trading on Monday due chiefly to geopolitical risks over the Ukrainian situation. At 5 p.m., the dollar stood at ¥102.46-47, down slightly from ¥102.52-52 at the same time Friday. The euro was at ...

| Aug 18, 2014

Nikkei climbs for sixth day straight

Tokyo stocks managed to secure gains that stretched its winning streak to a sixth day Monday, although the market lacked a clear direction amid a dearth of fresh incentives. The 225-issue Nikkei stock index added 4.26 points, or 0.03 percent, to close at 15,322.60. ...

| Aug 15, 2014

Nikkei extends winning streak

Stocks extended their winning streak to a fifth session on in Tokyo on Friday, backed by solid Wall Street performance, but their gains were limited as profit-taking and selling on a rally ballooned. The Nikkei 225 average ended up 3.77 points, or 0.02 percent, ...

| Aug 15, 2014

Greenback stable around ¥102.50

The dollar held steady around ¥102.50 throughout Friday in Tokyo trading, repeating only mild fluctuations amid Japan’s holiday season. At 5 p.m., the dollar was quoted at ¥102.52-52, up from ¥102.47-47 at the same time on Thursday. The euro stood at $1.3376-3377, up from ...

| Aug 14, 2014

Dollar can't hold on to gains in Tokyo

The dollar slashed its gains against the yen in Tokyo late Thursday after rising above ¥102.50 on real demand-backed dollar purchases and higher Japanese stock prices. At 5 p.m., the dollar was quoted at ¥102.47-47, almost the same as ¥102.45-46 at the same time ...

| Aug 14, 2014

Nikkei climbs past 15,300 mark

Stocks climbed Thursday, with the Nikkei 225 average closing above 15,300 thanks to the yen’s depreciation, but their topside was heavy in quiet trading. The Nikkei ended 100.94 points higher at 15,314.57. The Topix rose 8.37 points to close at 1,270.50. Both were up ...