Business / Financial Markets | FOCUS
Wall Street’s $6 billion bonanza chilled by China IPO curbs
by Cathy Chan
Bankers say they expect the majority of Chinese IPOs aimed for American exchanges to be suspended or diverted to other venues.
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Business / Financial Markets
The dollar retook ¥110.00 in Tokyo on Friday, helped by a rebound in U.S. interest rates. At 5 p.m., the dollar stood at ¥110.16 up from ¥109.76 at the same time ...
Business / Financial Markets
Tokyo stocks extended their losing streak to a third market day Friday, with technology-oriented shares in particular hit hard by selling on a broad front. The Nikkei average of 225 selected ...
Business / Financial Markets Jul 15, 2021
The dollar dropped to around ¥109.80 amid growing risk-averse sentiment in Tokyo trading Thursday. At 5 p.m., the dollar stood at ¥109.76, down from ¥110.50 at the same time Wednesday. The euro was at $1.1835, up from $1.1784, and at ¥129.90, down from ¥130.22. The dollar ...
Business / Financial Markets Jul 15, 2021
Tokyo stocks continued to slide Thursday, as market players refrained from buying amid renewed concerns over the coronavirus pandemic. The 225-issue Nikkei average of the Tokyo Stock Exchange plunged 329.40 points, or 1.15%, to close at 28,279.09, widening its loss from Wednesday's 109.75 points. The Topix ...
Business / Financial Markets Jul 14, 2021
The dollar pared earlier gains to move narrowly around ¥110.50 in Tokyo trading Wednesday. At 5 p.m., the dollar stood at ¥110.50, up from ¥110.37 at the same time Tuesday. The euro was at $1.1784, down from $1.1851, and at ¥130.22, down from ¥130.79. The dollar ...
Business / Financial Markets Jul 14, 2021
Tokyo stocks turned lower Wednesday, hit by selling on a rally in thin trading ahead of a speech by U.S. Federal Reserve Chairman Jerome Powell. The 225-issue Nikkei average of the Tokyo Stock Exchange fell 109.75 points, or 0.38%, to close at 28,608.49, after extending ...
Business / Financial Markets Jul 10, 2021
Inspired by Reddit forum WallStreetBets, members of a 122,000-strong community hope to corner the silver market and bring down what they say is an unjust banking system.
Business / Financial Markets Jul 8, 2021
The dollar slipped below ¥110 in Tokyo on Thursday for the first time since June 21 partly because safe-haven buying of the yen ballooned amid growing concerns over the novel coronavirus crisis. At 5 p.m., the dollar stood at ¥109.78, down from ¥110.63 at the ...
Business / Financial Markets Jul 8, 2021
Tokyo stocks continued falling Thursday, with investors increasingly wary about an envisaged state of emergency over the new coronavirus in Tokyo, which is seen causing the economy to slow down. The 225-issue Nikkei average of the Tokyo Stock Exchange gave up 248.92 points, or 0.88%, ...
Business / Financial Markets Jul 6, 2021
Tokyo bourse chief optimistic on extending five-hour trading day
by Shoko Oda
The Tokyo Stock Exchange has formed a working group to debate if trading hours can be lengthened past the current 3 p.m. close, which would be the first extension in more than a decade.
Business / Financial Markets Jul 5, 2021
The dollar slipped through ¥111 in Tokyo trading Monday, hit by position-squaring selling amid a dearth of trading incentives. At 5 p.m., the dollar stood at ¥110.90-94, down from ¥111.56-57 at the same time Friday. The euro was at $1.1871-1872, up from $1.1824-1824, and at ...