May 17, 2013

Nikkei bull run takes a break on profit-taking

Stocks fell back Thursday as profit-taking gained the upper hand. The Nikkei 225 average closed down 58.79 points at 15,037.24 after hitting a 64-month intraday high of 15,155.72 in early trading. On Wednesday, the key gauge surged 337.61 points. The Topix dropped 7.62 points ...

May 16, 2013

Nikkei rallies past 15,000 first time in 64 months

The Nikkei 225 average rose sharply Wednesday and ended above 15,000 for the first time in more than 64 months, thanks mainly to the weaker yen. The Nikkei closed 337.61 points, or 2.29 percent, higher at 15,096.03, its best closing level since Dec. 28, ...

May 10, 2013

Nikkei turns lower amid worry about overheating

Stocks pulled back Thursday, weighed down by selling to cash in gains amid a sense of market overheating. The Nikkei 225 average lost 94.21 points to close at the day’s low of 14,191.48. On Wednesday, the key market gauge climbed 105.45 points. The Topix ...

May 9, 2013

Overseas rallies push Nikkei again to five-year high

The Nikkei 225 average rewrote on Wednesday its highest finish in more than 58 months, with investor sentiment brightened by higher overseas equities. The Nikkei climbed 105.45 points to close at 14,285.69, the highest closing since June 18, 2008. The Topix climbed 5.77 points ...

Girl group bases style on Nikkei ups and downs

May 3, 2013

Girl group bases style on Nikkei ups and downs

by Jun Hongo

Kanon Mori, Yuki Sakura, Hinako Kuroki and Jun Amaki have been following the Nikkei 225 stock average obsessively since Prime Minister Shinzo Abe took office in December. The oldest of the foursome is Mori, but she is still only 23. The youngest is Kuroki, ...

May 3, 2013

Nikkei drops again ahead of four-day weekend

Stocks lost further ground Thursday, pressured by a drop on Wall Street overnight brought on by worries over a slowing U.S. economic recovery and position-adjustment selling ahead of the four-day weekend here. The Nikkei 225 average closed 105.31 points lower at 13,694.04, extending its ...

May 2, 2013

Nikkei drifts back as yen firms ahead of U.S. data

Stocks fell modestly Wednesday, pressured by profit-taking after the yen climbed further against the dollar. The Nikkei 225 closed down 61.51 points at 13,799.35, extending its losing streak to a third session. The Topix fell 6.76 points to end at 1,158.37. Selling gained the ...

May 1, 2013

Drop in export companies sends Nikkei lower

The Nikkei 225 lost ground Tuesday as mainstay export-oriented issues came under selling pressure due to the yen’s rise. The average closed down 23.27 points at 13,860.86. On Friday, the key market gauge slipped 41.95 points. The market was closed Monday for Showa Day. ...

Apr 26, 2013

Nikkei keeps climbing, surpasses 13,900 mark

Stocks climbed higher Thursday on the back of investors’ strong buying appetite, allowing the Nikkei 225 to end above 13,900. The key gauge rose 82.62 points to close at 13,926.08, its best finish since June 20, 2008. On Wednesday, the Nikkei surged 313.81 points. ...

Apr 25, 2013

Nikkei climbs to highest close since June 2008

Stocks rose sharply Wednesday, boosted by rosy U.S. equities and a weakening of the yen. The Nikkei 225 average surged 313.81 points, or 2.32 percent, to end at the day’s high of 13,843.46, its best close since June 24, 2008. The Topix shot up ...

Apr 24, 2013

Nikkei slips into negative territory on yen's rise

Stocks turned lower Tuesday, pressured by profit-taking amid the yen’s strengthening against other major currencies. The Nikkei 225 closed down 38.72 points at 13,529.65. On Monday, the key market gauge surged 251.89 points. The Topix slumped 1.82 points to end at 1,143.78 after rising ...