Business / Financial Markets
Fujitsu president given 50% pay cut over Tokyo Stock Exchange outage
Takahito Tokita will see his earnings slashed for four months as a result of the bourse's one-day outage in October.
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Business / Financial Markets
The dollar moved narrowly around ¥103.90 in Tokyo trading Friday, as a wait-and-see attitude took hold ahead of the release of closely watched U.S. labor statistics. At 5 p.m., the dollar ...
Business / Financial Markets
The key 225-issue Nikkei average fell back Friday as negative news regarding a coronavirus vaccine dampened market sentiment. The benchmark Nikkei of the Tokyo Stock Exchange dropped 58.13 points, or 0.22%, ...
Business / Financial Markets Dec 3, 2020
The dollar fell to around ¥104.30 in Tokyo trading Thursday, pressured by selling amid a growing risk-on mood. At 5 p.m., the dollar stood at ¥104.31, down from ¥104.56 at the same time Wednesday. The euro was at $1.2121, up from $1.2069, and at ¥126.45, ...
Business / Financial Markets Dec 3, 2020
Tokyo stocks closed slightly higher Thursday after another session spent in a narrow trading range. The 225-issue Nikkei average of the Tokyo Stock Exchange finished up 8.39 points, or 0.03%, at 26,809.37, reaching another 29-year high. On Wednesday, the key index rose 13.44 points. The Topix ...
Business / Financial Markets Dec 2, 2020
The dollar firmed above ¥104.50 in Tokyo trading late Wednesday, as news regarding a coronavirus vaccine brightened the market mood. At 5 p.m., the dollar stood at ¥104.56-56, up from ¥104.33-33 at the same time on Tuesday. The euro was at $1.2069-2069, up from $1.1968-1968, ...
Business / Financial Markets Dec 2, 2020
JP Morgan Asset bets telecom stocks will be Japan’s next winners
by Shoko Oda
The firm’s $6.6 billion Japan Equity Fund is up 39% so far this year, beating almost all of its peers, data shows.
Business / Financial Markets Dec 2, 2020
Tokyo stocks closed slightly higher on Wednesday after struggling for direction. The benchmark 225-issue Nikkei average on the Tokyo Stock Exchange finished up 13.44 points, or 0.05%, at 26,800.98, the highest closing level since April 17, 1991, after rising 353.92 points on Tuesday. The Topix index ...
Business / Financial Markets | FOCUS Dec 1, 2020
Tokyo bourse outage exposes need for investment in human resources
by Yuka Nakao
The TSE has admitted its procedures for resuming trading were inadequate as it had not taken into account a glitch that would require a total system reboot.
Business / Financial Markets Nov 30, 2020
The dollar hovered around ¥104 yen in Tokyo trading late Monday, rebounding from levels below the line earlier in the day, as the effects of its resilience versus the Chinese yuan countered real demand-backed selling of the U.S. currency. At 5 p.m., the dollar stood ...
Business / Financial Markets Nov 30, 2020
Tokyo stocks fell back Monday due to investor concerns over an overheating market after the recent run-up. The 225-issue Nikkei average of the Tokyo Stock Exchange snapped a four-session winning streak and sank 211.09 points, or 0.79%, to close at 26,433.62, after climbing 107.40 points ...
Business / Financial Markets Nov 30, 2020
U.S. House to vote on bill likely to prompt delisting of Chinese firms
At issue is China’s refusal to let inspectors from the Public Company Accounting Oversight Board review audits of Chinese companies that trade on U.S. exchanges.
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