| Jul 23, 2015

Tokyo stocks rebound on buybacks

Stocks staged a rebound on the Tokyo Stock Exchange Thursday, helped by buybacks after the previous day’s tumble. The 225-issue Nikkei average climbed 90.28 points, or 0.44 percent, to end at 20,683.95. On Wednesday, the key market gauge plunged 248.30 points. The Topix index ...

Jul 23, 2015

SoftBank to raise ¥534 billion from corporate bonds

SoftBank Group Corp. said Thursday it will raise a total of ¥533.7 billion through a series of new corporate bond issues later this month for debt repayment and to acquire working capital. The telecommunication and Internet business group will issue 7-year and 10-year dollar-denominated ...

| Jul 17, 2015

Dollar stuck around ¥124 in Tokyo

The dollar was trapped in a narrow range around ¥124 in Tokyo trading on Friday, due chiefly to a wait-and-see mood before a three-day holiday through Monday in Japan. At 5 p.m., the dollar stood at ¥124.00-01, up slightly from ¥123.94-94 at the same ...

| Jul 8, 2015

Nikkei closes below 20,000

Stocks tumbled on the Tokyo Stock Exchange Wednesday, amid growing worries about the Greek debt crisis and the global effects of a plunge in Chinese stocks, with the benchmark Nikkei average closing below 20,000 for the first time in three weeks. The Nikkei dived ...

| Jul 1, 2015

Tokyo stocks rise on BOJ's tankan results

Stocks gained ground on the Tokyo Stock Exchange Wednesday, supported by stronger-than-expected results in the Bank of Japan’s tankan quarterly business sentiment survey. The 225-issue Nikkei average gained 93.59 points, or 0.46 percent, to close at 20,329.32. On Tuesday, the key market gauge rose ...

Sony shares nosedive as investors question fundraising drive

Jul 1, 2015

Sony shares nosedive as investors question fundraising drive

Sony Corp.’s plan for its first share sale in 26 years is straining investors’ faith in Chief Executive Officer Kazuo Hirai’s ability to deliver on growth promises. The company plans to raise about ¥440 billion ($3.6 billion) by selling common stock and convertible bonds ...