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Business / Financial Markets May 6, 2021

Dollar rises above ¥109.30 in Tokyo

The dollar advanced to levels above ¥109.30 in Tokyo trading Thursday, due partly to real demand-backed buying after the Golden Week holiday season. At 5 p.m., the dollar stood at ¥109.33, up from ¥108.88 at the same time Friday. The euro was at $1.2024, down ...

Business / Financial Markets May 6, 2021

Tokyo stocks rally on buybacks

Tokyo stocks staged a powerful rally Thursday, attracting buybacks following their falls before the Golden Week holiday period in Japan. The 225-issue Nikkei average surged 518.74 points, or 1.80%, to end at 29,331.37. On Friday, the key market gauge dropped 241.34 points. The Topix index of ...

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