| 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. ...

Mar 26, 2015

Rakuten to buy Japan unit of U.S. currency trader FXCM

FXCM Inc., a major U.S. provider of online foreign exchange trading services announced Wednesday that it has agreed to sell its Japanese unit, FXCM Japan Securities Co., to Rakuten Securities Inc. for $62 million. The transaction is expected to close on Wednesday. It comes ...

Mar 9, 2015

Dollar firms toward ¥121 in Tokyo

The dollar held firm around ¥121 in Tokyo trading on Monday after jumping in overseas trading late last week on stronger-than-expected U.S. jobs data for February. At 5 p.m., the dollar was quoted at ¥120.87-88, up from ¥120.10-11 at the same time Friday. The ...

Jan 29, 2015

Shikoku shipbuilder to build first new dock in 16 years

Imabari Shipbuilding Co. said Thursday it will invest around ¥40 billion to build its first new dock in 16 years because the weaker yen has improved its competitiveness. The dock will be completed by October 2016 in Marugame, Kagawa Prefecture, to build 11 huge ...