Demand for lowly ¥1 coin sinks as consumers take to cashless transactions
As consumers increasingly choose to make payments for purchases with e-money or credit card, the number of ¥1 coins in circulation has fallen sharply.
Dollar closes at ¥112.70 after briefly topping ¥112.80 in Tokyo trading
The dollar briefly topped ¥112.80 in Tokyo trading Friday, thanks to a recovery of risk appetite on the back of ...
Tokyo stocks extend rally on global risk-on mood and weak yen
Stocks extended their winning streak to a sixth session on the Tokyo Stock Exchange on Friday, as buying sentiment grew ...
Tokyo stocks rise for fifth session but topside capped by selling to lock in profits
Stocks gained ground for the fifth straight session, albeit marginally, on the Tokyo Stock Exchange on Thursday, although their topside was capped by selling to lock in profits. The 225-issue Nikkei average inched up 2.41 points, or 0.01 percent, to end at 23,674.93. On Wednesday, ...
The dollar was slightly weaker below ¥112.30 in Tokyo trading late Thursday, hit by selling to lock in profits. At 5 p.m. the dollar stood at ¥112.21-21, down from ¥112.32-32 at the same time on Wednesday. The euro was at $1.1697-1697, down from $1.1700-1700, and ...
The dollar was stronger above ¥112.30 in Tokyo trading late Wednesday, although its upside was limited by selling to lock in profits. At 5 p.m., the dollar stood at ¥112.32, up from 111.96 at the same time Tuesday. The euro was at $1.1700, up from ...
Tokyo stocks rise further on easing U.S.-China trade concerns
Stocks continued to rise on the Tokyo Stock Exchange on Wednesday as investors were relieved that the economic impact of the latest development of U.S.-China trade friction is likely to be limited. The 225-issue Nikkei average gained 251.98 points, or 1.08 percent, to end at ...
The dollar was firmer above ¥111.90 in Tokyo trading late Tuesday after giving up earlier gains that stemmed from a rise in the euro against the yen. At 5 p.m., the dollar stood at ¥111.96-96, up from ¥111.82-82 at the same time Friday. The euro ...
Stocks extended gains substantially Tuesday despite the announcement of a third round of extra U.S. tariffs on Chinese exports. The Nikkei 225 average surged 325.87 points, or 1.41 percent, to end at 23,420.54. On Friday, the key market gauge advanced 273.35 points. The market was ...
Tourists targeted to shore up popularity of dwindling ¥2,000 bill
Despite a much-heralded debut 18 years ago, ¥2,000 bills failed to find wide appeal, and sightings have recently become scarce. But the government is hoping to turn that around. "They're very unpopular," a clerk at a Tokyo branch of a mega-bank said of the bills. ...
Dollar climbs above ¥111.80 in Tokyo after Turkish interest rate hike
The dollar was stronger above ¥111.80 in Tokyo trading late Friday, helped by a steeper than expected interest rate hike by the Turkish central bank. At 5 p.m., the dollar stood at ¥111.82-82, up from ¥111.47-48 at the same time on Thursday. The euro was ...
Stocks rose further on the Tokyo Stock Exchange on Friday thanks to the yen's drop against the dollar, with the benchmark Nikkei average hitting a seven-month closing high above 23,000. The 225-issue Nikkei average surged 273.35 points, or 1.20 percent, to end at 23,094.67, the ...
Dollar stays nearly flat around ¥111.50 in Tokyo as long-term U.S. rates rise
The dollar was almost flat around ¥111.50 in Tokyo trading late Thursday, after overcoming early weakness on the back of higher long-term U.S. interest rates. At 5 p.m., the dollar stood at ¥111.47-48, almost unchanged from ¥111.48-50 at the same time on Wednesday. The euro ...
Investors hunting bargains in Japan might want to wait till U.S. midterms pass
Some Japan equity strategists are recommending investors hold off any hunt for bargains until trade tensions cool after the U.S. midterm elections. A possible decline in protectionist rhetoric once congressional elections end in November may allow investors to focus on Japan's strong earnings that have ...
Stocks staged a strong rally Thursday as worries about the fierce trade friction between the United States and China began to recede. The 225-issue Nikkei average rose 216.71 points, or 0.96 percent, to end at 22,821.32 on the Tokyo Stock Exchange, its best finish since ...
