Chinese cryptocurrency demand feeding off trade tensions, weaker yuan, market players say
Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said. Exchanges, researchers and ...
Dollar firms slightly above ¥106.50 in Tokyo ahead of Fed's Jackson Hole meeting and G7 summit
The dollar inched up to top ¥106.50 in lackluster Tokyo trading Wednesday. At 5 p.m., the dollar stood at ¥106.54-55, up from ¥106. 46-46 at the same time Tuesday. The euro ...
Nikkei snaps three-day win streak to end at 20,619 after overseas bourses stumble
Stocks snapped their three-session rising streak on the Tokyo Stock Exchange Wednesday, battered by fallbacks in U.S. and European equities. The 225-issue Nikkei average dropped 58.65 points, or 0.28 percent, to ...
The dollar was slightly firmer above ¥106.40 in late Tokyo trading Tuesday after shedding some of its earlier gains in the face of profit-taking. At 5 p.m., the dollar stood at ¥106.46-46, up from ¥106.40-40 at the same time Monday. The euro was at $1.1072-1072, ...
Stocks extended their gains Tuesday, aided by an overnight rise on Wall Street. The Nikkei 225 average advanced 114.06 points, or 0.55 percent, to end at 20,677.22. On Monday, the key market gauge jumped 144.35 points. The Topix, which covers all first-section issues on the Tokyo ...
The dollar firmed to levels around ¥106.40 in Tokyo on Monday on the back of easing concerns over a global recession. At 5 p.m., the dollar stood at ¥106.40-40, up from ¥106.16-20 at the same time Friday. The euro was at $1.1104-1104, up from $1.1085-1086, ...
Stocks gained ground Monday following a sharp rise of Wall Street late last week. The Nikkei 225 average jumped 144.35 points, or 0.71 percent, to end at 20,563.16. On Friday, the key market gauge advanced 13.16 points. The Topix, which covers all first-section issues on the ...
Dollar softens to around ¥106.20 in Tokyo amid lack of trading pegs
The dollar eased to levels around ¥106.20 in quiet trading in Tokyo Friday. At 5 p.m., the dollar stood at ¥106.16-20, down slightly from ¥106.24-25 at the same time Thursday. The euro was at $1.1085-1086, down from $1.1147-1148, and at ¥117.68-69, down from ¥118.44-45. Except for ...
Stocks staged a modest rebound Friday after struggling for direction amid a dearth of fresh trading incentives. The 225-issue Nikkei average rose 13.16 points, or 0.06 percent, to end at 20,418.81 on the Tokyo Stock Exchange. On Thursday, the key market gauge gave up 249.48 ...
Dollar weakens to ¥106.24 in Tokyo after stock selloff spurred by U.S. yield curve inversion
The dollar fell to around ¥106 in Tokyo trading Thursday, weighed down by growing concerns about a global recession. At 5 p.m., the dollar stood at ¥106.24-25, down from ¥106.44-44 at the same time Wednesday. The euro was at $1.1147-1148, down from $1.1179-1180, and at ...
Tokyo stocks suffer sell-off amid growing fears of global recession
Stocks plummeted across the board on the Tokyo Stock Exchange on Thursday, as investor sentiment was chilled by signs of a global economic recession ahead. The 225-issue Nikkei average plunged 249.48, or 1.21 percent, to end at 20,405.65. On Wednesday, the key market gauge advanced ...
Hong Kong faces losses as Chinese firms reconsider IPOs in the city
Several Chinese companies are rethinking fundraising plans in Hong Kong as anti-government protests rock the city — an ominous sign for its future as a financial gateway between Asia's largest economy and the rest of the world. One company scrapped preliminary preparations for a $500 ...
