May 2, 2014

Dollar firms around ¥102.50

The dollar was firmer around ¥102.50 in Tokyo trading Friday, supported by dollar purchases that set in as Tokyo stocks cut losses toward the close. At 5 p.m., the dollar was quoted at ¥102.47-48, up from ¥102.19-20 at the same time on Thursday. The ...

Apr 28, 2014

Dollar stuck slightly above ¥102

The dollar was stuck at levels slightly above ¥102 in Tokyo trading Monday for lack of market-moving factors ahead of Golden Week on Tuesday. At 5 p.m., the dollar was quoted at ¥102.20-22, against ¥102.27-28 at the same time on Friday. The euro stood ...

Apr 7, 2014

Dollar easier near ¥103 in Tokyo

The dollar fell to levels slightly above ¥103 in Tokyo Monday, as stock markets in and outside Japan skidded after the announcement of U.S. jobs data on Friday. At 5 p.m., the dollar was quoted at ¥103.11-12, down from ¥103.¥90-90 at the same time ...

Jan 30, 2014

Japan Inc. profit boom masks fading export gains from yen

Soaring profits among Japanese manufacturers are masking weakness in exports as the yen’s slide against the dollar fails to deliver the boost seen after previous bouts of currency depreciation. Export volumes fell 1.5 percent in 2013 from the previous year, Finance Ministry data show, ...

Toyota looks to log record group operating profit

Jan 30, 2014

Toyota looks to log record group operating profit

Toyota Motor Corp. is expected to log a record operating profit for the current business year through March aided by the yen’s fall, which boosts export competitiveness, sources said. The auto giant’s full-year operating profit is likely to reach ¥2.40 trillion or ¥2.50 trillion, ...

Nov 29, 2013

Weak yen, costly fuel to fuel record trade deficit

Japan is likely to post a record trade deficit in fiscal 2013 because the weaker yen and soaring demand for energy have driven up the cost of importing fossil fuels, according to a projection by a trade business group. The deficit is expected to ...

Jul 31, 2013

Dollar loses ground, falls under ¥98

The dollar softened below ¥98 in Tokyo trading Wednesday on the back of stock price falls and ahead of the announcement of the U.S. Federal Reserve’s monetary policy decision and key U.S. economic data later in the day. At 5 p.m., the dollar stood ...

Jul 30, 2013

Tokyo forex market hit record trading volume in April

The Tokyo interbank foreign exchange market marked a record-high trading volume in April, on the back of Prime Minister Shinzo Abe’s vigorous economic policy, data showed Monday. The average daily trading volume came to $348.1 billion, up 15.8 percent from six months before and ...