| Aug 24, 2016

Dollar firms ahead of Yellen speech

The dollar held firmer at around ¥100.30 in Tokyo on Wednesday amid muted trading ahead of a key economic event in the United States later this week. At 5 p.m., the dollar stood at ¥100.27-28, up from ¥100.10-10 the same time Tuesday. The euro ...

| Aug 17, 2016

Dollar rallies after losing ¥100 line

The dollar strengthened moderately to ¥101 in Tokyo trading Wednesday after briefly tumbling below ¥100 for the first time in about five weeks in overseas trading overnight. At 5 p.m., the dollar stood at ¥100.71-72, up from ¥100.31-32 at the same time Tuesday. The ...

Steel king NSSMC cedes crown to Arcelor as yen soars

Aug 5, 2016

Steel king NSSMC cedes crown to Arcelor as yen soars

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Japan’s biggest steel maker is top of the pile no more, as a resurgent yen hands a competitive advantage to overseas rivals amid an unprecedented global glut. Nippon Steel & Sumitomo Metal Corp. has been overtaken as the world’s most valuable producer by Europe’s ...