Mar 10, 2016

European Central Bank surprises with strong stimulus action

The European Central Bank cut all its main interest rates, expanded its bond-buying stimulus program, and offered new cheap loans to banks, making an unexpectedly aggressive effort to boost inflation and economic growth in the 19 countries that share the euro. The steps on ...

| Mar 9, 2016

Tokyo stocks fall for third day

Stocks extended their losing streak to a third session on the Tokyo Stock Exchange Wednesday, pressured by selling following Wall Street’s setback and the yen’s ascent particularly against the dollar. The 225-issue Nikkei average lost 140.95 points, or 0.84 percent, to end at 16,642.20. ...

| Mar 8, 2016

Nikkei slides 128 points on yen

Stocks lost further ground on the Tokyo Stock Exchange on Tuesday, hit by selling of export-oriented issues as the yen rose against the dollar. The Nikkei average lost 128.17 points, or 0.76 percent, to end at 16,783.15. On Monday, the it fell 103.46 points. ...