Jun 6, 2014

Nikkei rounds out week by posting modest loss

The Nikkei 225 average inched lower Friday to snap a four-day winning streak as profit-taking took the upper hand, but its downside was solid with support from buying on dips. The key gauge lost 2.13 points to end at 15,077.24. Meanwhile, the Topix was ...

Jun 5, 2014

Nikkei maintains rising streak with late push

The Nikkei 225 average managed to extend its winning streak to a fourth day Thursday thanks to gains brought on by a late bout of buying on dips. The key gauge climbed 11.41 points to end at 15,079.37. The Topix, meanwhile, was down 1.20 ...

Jun 4, 2014

Nikkei ends tepid session moderately higher

The Nikkei 225 average finished moderately higher Wednesday after a session spent hovering around the previous day’s closing. The key market gauge climbed 33.71 points to end at 15,067.96, extending its winning streak to a third session. On Tuesday, it finished above 15,000 for ...

Jun 3, 2014

Nikkei tops 15,000 for first time in two months

The Nikkei 225 average finished above 15,000 for the first time in two months, thanks to the U.S. Dow Jones industrial average’s continued rise to record heights and the yen’s further fall. The Nikkei rose 98.33 points to end at 15,034.25, closing above 15,000 ...

Jun 2, 2014

Nikkei hits two-month high on Dow record, Chinese data

The key Nikkei average surged to finish at its highest in about two months Monday, with investor sentiment warmed by Wall Street’s record-breaking advance late last week and strong U.S. and Chinese economic indicators. On the Tokyo Stock Exchange, the 225-issue Nikkei ended up ...

Icahn probed for illegal stock tips

May 31, 2014

Icahn probed for illegal stock tips

A federal investigation is probing whether a top-ranked professional golfer and a high-stakes gambler got illegal stock tips from billionaire investor Carl Icahn, U.S. media reported Friday. The Federal Bureau of Investigation and the Securities and Exchange Commission are investigating the stock trading patterns ...

May 30, 2014

Nikkei win streak snapped by profit-taking

The Nikkei 225 average snapped its six-session winning streak Friday, hit by profit-taking after the recent rally. The key market gauge ended down 49.34 points at 14,632.38. But the Topix gained 0.73 point to close at 1,201.41, rising for a seventh straight session. In ...

May 29, 2014

Nikkei unusually resilient despite weak U.S. data

Stocks recouped earlier losses to end slightly higher thanks to buying on dips as hopes for the Abe administration’s upcoming economic growth strategy shored up market sentiment. The Nikkei 225 average ended 10.77 points higher at 14,681.72. On Wednesday, the key market gauge climbed ...

May 28, 2014

Nikkei achieves longest winning streak this year

Stocks gained ground again Wednesday, with the benchmark Nikkei average rising for a fifth straight session for the first time this year. The Nikkei 225 average ended up 34.43 points at 14,670.95. On Tuesday, the key market gauge climbed 34.00 points. It was the ...

May 27, 2014

Nikkei extends winning streak to fourth day

Stocks extended gains for a fourth straight session Tuesday, led by index futures. The Nikkei 225 average ended up 34.00 points at 14,636.52. On Monday, the key market gauge climbed 140.35 points. The Topix rose 0.42 points to 1,195.11 after gaining 14.25 points Monday. ...