| Sep 1, 2015

Dollar sinks close to ¥120 in Tokyo

The dollar plunged to near ¥120 in Tokyo trading Tuesday, dampened by stock sell-offs in and outside Japan amid persistent worries over the Chinese economy. At 5 p.m., the dollar stood at ¥120.06-07, down from ¥121.19-19 at the same time Monday. The euro was ...

Aug 28, 2015

Foreign tourist boom fuels 5% surge in Tiffany's Japan sales

American luxury jewelry retailer Tiffany & Co. said Thursday that total sales in Japan rose 5 percent to $125 million in the May-to-July quarter, driven by a boost in foreign tourist spending in the country. “While our sales in Japan are largely made to ...

Finance minister warns China on currency moves

Aug 21, 2015

Finance minister warns China on currency moves

Finance Minister Taro Aso said Friday that recent moves by China to allow its currency to depreciate are a concern and could pose problems for Tokyo. The Nikkei 225 average fell 3 percent to 19,435.83 on Friday, slipping below the psychological benchmark of 20,000 ...