May 29, 2015

Volatile forex movements undesirable, Aso, Lew agree

The Japanese and U.S. finance chiefs agreed Thursday that volatile movements in foreign exchange markets are undesirable in the wake of the recent fall of the yen’s value against the dollar to a 12½-year low. Finance Minister Taro Aso told reporters after meeting with ...

| Apr 9, 2015

Dollar firms above ¥120 line in Tokyo

The dollar was firmer above ¥120 in Tokyo trading Thursday, after the minutes of the U.S. Federal Reserve’s March policy-setting meeting strengthened the prospect of the Fed starting raising interest rates at some point this year. At 5 p.m., the dollar stood at ¥120.27-27, ...

| Apr 6, 2015

Dollar fall pauses around ¥119

The dollar moved tightly around ¥119 in Tokyo trading Monday, taking a breather from a nearly ¥1 dive overseas in the wake of a disappointing U.S. jobs report Friday. At 5 p.m., the dollar was at ¥118.98-99, down from ¥119.63-64 the same time Friday. ...

Wall St. plunges 1%, weighed by commodity stocks

Jan 6, 2015

Wall St. plunges 1%, weighed by commodity stocks

U.S. stocks fell on Monday, dragged down by commodity-linked shares as crude prices fell to fresh 5-1/2 year lows and a strong dollar also weighed on metals prices. Crude oil futures prices dropped to their lowest since May 2009 amid a global supply glut ...