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. ...

May 23, 2014

Nikkei continues ascent but caution prevails

Stocks climbed Friday, helped by buying of mainstay issues, but their upside was capped by a wait-and-see mood prior to the presidential election in Ukraine and a long weekend abroad. The Nikkei 225 average ended up 124.38 points at 14,462.17. On Thursday, the key ...

May 22, 2014

Nikkei logs strong rebound on massive buybacks

Stocks bounced back sharply Thursday, buoyed by massive buybacks following a strong Chinese economic indicator. The Nikkei 225 average ended up 295.62 points, or 2.11 percent, at 14,337.79. On Wednesday, the key market gauge sagged 33.08 points. The Topix climbed 19.29 points, or 1.68 ...

May 21, 2014

Nikkei suffers minor setback on yen's rise

Stocks retreated slightly Wednesday, weighed down by selling as the yen firmed against other major currencies after the Bank of Japan decided to keep its monetary policy intact. The Nikkei 225 shed 33.08 points to end at 14,042.17. On Tuesday, the key market gauge ...

May 20, 2014

Nikkei rebounds on buybacks but upside limited

Stocks staged a rebound Tuesday, helped by buybacks after their recent tumble, but the TSE’s topside was limited in the absence of fresh market-moving factors. The Nikkei 225 average ended up 68.81 points at 14,075.25. On Monday, the key market gauge slumped 90.15 points. ...

French rogue trader arrested after soul-seeking odyssey

May 19, 2014

French rogue trader arrested after soul-seeking odyssey

A Frenchman convicted of one of history’s biggest trading frauds returned home to serve prison time after a legal saga that captured the national imagination. He also made a pilgrimage to the pope and pleaded for presidential clemency. Former Societe Generale trader Jerome Kerviel ...

May 16, 2014

Nikkei continues to follow sliding Dow

The Nikkei 225 average extended its losing streak to a third session Friday, bruised by selling that fed on Wall Street’s fall overnight. The benchmark index ended 201.62 points, or 1.41 percent, lower at 14,096.59. On Thursday, the Nikkei slipped 107.55 points. The Topix ...

May 15, 2014

Nikkei declines as Dow's winning streak ends

Stocks retreated again Thursday, bruised by overnight falls in U.S. equities and the yen’s strengthening against other major currencies. The Nikkei 225 average ended down 107.55 points at 14,298.21. On Wednesday, the key market gauge lost 19.68 points. The Topix dropped 4.86 points to ...

May 14, 2014

Nikkei gives up ground on profit-taking

The Nikkei 225 average retreated Wednesday, pressured by selling to lock in profits after the previous day’s sharp rally. The Nikkei dropped 19.68 points to end at 14,405.76, while the Topix recouped earlier losses to close 4.80 points higher at 1,183.15. Selling took the ...

May 13, 2014

Nikkei takes cue from Wall Street, rises 276 points

Stocks staged a strong rebound Tuesday thanks to higher U.S. equities overnight and a retreat by the yen, with the Nikkei 225 average briefly rising more than 300 points. At the close, the Nikkei stood at 14,425.44, up 275.92 points, or 1.95 percent, from ...